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  NEWLY INTRODUCED PRODUCTS
 

 

The FDH Bank is dedicated to providing first class banking services that are tailored to suit its customers’ needs. In view of this, the Bank has introduced the following products in the past few months:

a) Student Savings Account

This is a product which is convenient, dynamic and friendly to every youth of the country. It is designed to encourage a saving culture amongst the students. Parents/ Guardians invest in this account for the students. Minimum account balance is at MK200. FDH Student Savings Account interest is accrued on a daily basis and paid monthly. The interest rates are subject to review from time to time. Current interest rate is 4.5% p.a.

b) Civil Servants Savings Account

This is a product which is convenient, dynamic and friendly to every civil servant in the country. It is designed to encourage a saving culture amongst civil servants. The minimum account balance is MK200.The account attracts competitive interest rates. The interest rates are subject to review from time to time. Current interest rate is 4.0% p.a.

The account is suitable for salaried Government employees.

c) First Save account

This product is designed to encourage both urban and rural people to start developing the habit of saving for a brighter future. It gives the customers the benefit of having the convenience of withdrawing money anytime anywhere as well as getting a decent interest on the savings at the same time. Minimum Account Balance is MK200. The account attracts decent interest rates. The interest rates are subject to review from time to time. Current interest rate is 1.5% p.a.

 

 

 
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