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The Pensioner Savings Account is a product tailored towards the need of those Pensioners who have retired and entitled to monthly pension/ annuity payments.

Requirements

  • Copy of valid identity document i.e. passport, driver’s license, MEC ID,
  • Introductory letter from Chief/Head man

Features

  • Minimum account balance MWK500.00
  • Interest Paid twice yearly (31st March and 30th September followed by free statement)
  • Can be opened as joint.

Benefits

  • Mobile banking will enable you to conveniently perform a number of transactions using your mobile phone. Services include checking your balance, buying airtime, changing PIN and transfer funds between accounts.
  • Internet banking-an online solution that enables you to conduct your banking anytime, anywhere at your convenience.
  • Access to personal loans-as an account holder you can apply for a loan. Terms and conditions apply.
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