This product is designed to meet the needs of pensioners who seek good returns on their retirement lump sum and access to regular liquidity while on retirement. The features of the product are as follows:
- Initial Investment amount:
- Interest payment
Options: monthly, quarterly and semi-annually.
Tenor: 365 days.
- Interest rate: Treasury bills rate plus 2-6%p.a depending on the amount.
Other Benefits: Investment can be used as collateral for loan at a discounted interest rate, free visa support letters.