Personal Savings Account

Project Savings Account

Education Savings Account

Cash Bond Account

Term Deposit Account

Summary

This is the only account that allows the customer to save and withdraw at any time. This account yields interest at the end of the year. Here a booklet is being used.

This is an account for business beginners who want to realize the true dream of their projects through savings while CEFA does the completion. It is payable on negotiation by the customer.

This account is for the advantage of students and pupils

Reserved for individuals. Here the rate of interest varies according to the amount and duration of investment. The interest can be prepaid when subscribed or post-paid at due time and possible reimbursement before due time.

This is an account reserved for businesses and the interest rate is paid at the due time.

Clientele

Individuals

New Businesses

Students

Individuals

Businesses

Interest Rate

• Attractive interest rate paid yearly

3% yearly

3% yearly

Negotiable rate starting at 5% yearly

Negotiable rate starting at 5%

Requirements

• 3 passport size photographs 4x4

• Photocopy of IDC

• 3 passport size photographs 4x4

• Photocopy of IDC

• 3 passport size photographs 4x4

• Photocopy of IDC

• 3 passport size photographs 4x4

• Photocopy of IDC

• 3 passport size photographs 4x4

• Photocopy of IDC

Opening Fee

Free

Free

Free

Free

Free

Minimum opening deposit

15.000 frs

10.000 for micro project with a max loan donation of 8 months

50.000 for medium project with a max loan donation of 24 months

5.000 frs

3.000.000 frs

3.000.000 frs

Minimum duration

N/A

N/A

N/A

180 days (6 months)

180 days (6 months)