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About Afehyiapa Savings
The Afehyiapa Savings account is an interest-bearing deposit account. The Afehyiapa Savings Account is tailored to ensure that Members/customers have the financial means to curtail End-of-Year expenses that usually affected our budgets: End of year Harvests, Unplanned visits by relatives, huge Christmas expenses, etc.
Requirement of Afehyiapa Savings
- A minimum savings balance of Gh¢1.00 which cannot be withdrawn by members
- Monthly deduction of Gh0.50p as SMS alert subscription.
Benefit of Daily Afehyiapa Savings
A whopping 10% interest rate per annum is paid to customers on pro-rata basis of 2.50% quarterly on account balance at the end of each quarter.
Funds from Savings Account can be channeled to Fixed Term Deposits at the end of the year.
Members can access loans with their Afehyiapa Savings accounts
Account holders can use their accounts to guarantee loans for others.
Deposits are received from members themselves, by third parties or through electronic money transfer (MTN MOMO, USSD Services) and any other means approved by BSFCCU.