Purpose Driven Account

CRITERIA

This is a target based savings product with a 1+ year(s) maturity period. A regular and consistent contribution is to be made on a monthly basis.This account does not qualify a member for a loan facility.

• Minimum monthly contribution is GHC100.00
• Interest on Purpose Driven Account (Medaakye) is currently 14% p.a. for the year 2023. Interest on Purpose Driven Account shall be determined by the Board of Directors.

• Direct Cheques and Cash payments may be made into the account.
• At maturity, a minimum of two weeks’ notice shall be given by the member before any withdrawal or payout may be made.

Purpose Driven Account

CRITERIA

• Minimum monthly contribution is GHC100.00

• Interest on Purpose Driven Account (Medaakye) is currently 14% p.a. for the year 2023. Interest on Purpose Driven Account shall be determined by the Board of Directors.

• Direct Cheques and Cash payments may be made into the account.

• At maturity, a minimum of two weeks’ notice shall be given by the member before any withdrawal or payout may be made.

Download Purpose Driven Account Form