Fityah Saving Account
Fityah Saving Account
To encourage young aspiring individuals between 18 and 29, the Fityah account is created. It is an account that supports these young individuals who want to develop the habit of saving. As such, 10% discount charges of services like ATM transaction fees and safe deposit box rent would be offered.
Product Features and Benefits
- Can be opened with zero balance;
- Depositors shall be expected to sign and confirm the sources of their deposits are from permissible business activities in the account opening form;
- ATM card shall be issued free of charge;
- No monthly account maintenance fee;
- The Bank will provide a uniquely designed IFB deposit passbook;
- 10% discount charges of services like ATM transaction fees and safe deposit box rent would be offered for all Young Professional account holders;
- Minimal IFB service charge on IFB financings (Less by 0.5% – 1% from the average financing/loan service charge);
- 50% discount on the bank’s service charge (commission) of local money transfer if the amount is to be sent/deducted from Young Professional deposit account maintained in the bank