Overview
Transacting is easy, but so should savings. Lerako is the savings plan that allows you to easily make additional deposits to your account.
So, you can be assured of your financial security. See the requirements below and check if you qualify.
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Features
- An initial minimum deposit of P100
- A penalty charge for early redemption will be applicable.
- Option to roll over at maturity.
- The ability to make additional deposits at any time. However, the funds will only be available on the maturity date of the investment.
- Access to Digital Banking.
- Interest accrued daily and paid monthly on the available balance
- Violation of minimum balance results in no interest in the account
- The ability to make additional deposits at any time.
- Option to roll over at maturity
Benefits
- Free cash deposit
- No monthly maintenance fees
- Free Mobile Banking
- Low transaction fees
- Flexi-fixed account
Requirements
- Proof of Identification.
- Residence Permit for Non-Citizens.
- Proof of Physical Address (Current utility bill, a letter from the local chief and Council rates invoice not older than 3 months) not older than three months.
- Omang for Batswana
- Passport for Non-Citizens
- Work and residence permit for non-citizens
- Proof of residential address
