Product Name: Retail SME Savings Account Bundled
Category: Savings Account
Target Market: Micro businesses
Description: A savings account for Retail SME customers
Benefits: Funds accessible from any NBS Bank Service Centre
Linked to an ATM cards
ATM cash withdrawal
SMS Alert
Initial deposit: MK10,000.00
Book Balance: MK10,000.00
Monthly fee: MK7,200.00
Interest rate: 1.2% per annum
Requirements: Sole proprietors- Business Registration, certificate and ID Documents (Valid National ID, Proof of residence: recent water/electricity/city rates bill)