(Khenge) Student Savings Account

An account specifically designed for students who are 16 years and above

  • Receives interest rate
  • Funds are accessed Agents, Branches & EazyMobile
  • Cheap to manage, Can be linked to EazyMobile, Can Be linked to SMS Alerts
  • Can be linked to Airtel Money
Book Balance
  • MWK1,000
Interest Threshold
  • From MWK30,000
Interest Rate
  • 1%Percent
Interest Accrual
  • Monthly on monthly minimum balance (start date of month to end date of month)
Credit Interest Capitalization
  • On 31st December
SMS Alerts
  • Free
  • Free
ATM Card
  • MWK7,000
Account Closure within 6 months
  • MWK8,500
Channels used for withdraw
  • In-Branch, ATM, Bank Pafupi, EazyMobile &Internet Banking
Complaints handling
  • Call Centre (322), Walk in Branch, emails and other communication tools
  • Free
Internet banking
  • Free
Over the counter cash withdrawal for encashing less than MWK220,000
  • MWK650