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Investment

Chiperegano Investment Account

This is an Investment account for women who want to save as a group. The account is used as security for a group loan. Customers are allowed to borrow 200% of their savings. The account targetsMicro and Small business women in groups.

Features
  • Easy way to save money                                                        
  • The account earns interest                                        
  • Deposits can be used as security for a loan
  • Minimum account balance is MWK50,000
  • It does not have monthly fees

Account opening requirements: Valid passport or valid driver’s license or Malawi Electoral commission registration card with a letter from a recognized authority or a letter from an employer and employees ID. Proof of residence i.e water bill

Coronavirus (COVID-19) Update

NBS Bank plc would like to assure all customers that it has business continuity plans that are in place to ensure an appropriate response to any situation that can cause a distruption to the business, including the COVID-19 Outbreak.

 
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