HFC “Susu Plus” Account

  • Targeted Savings Account
  • Contract duration of 1 year
  • Encourage regular monthly savings
  • To give back to the customer one (1) deposit equivalent of the regular monthly savings

Eligibility Requirements

  • Existing and potential non-customers
  • Applicant must be 18 years and must meet minimum KYC requirements

Key Product Features – “Susu Plus”

  • Account to be operated as a savings account
  • Account can be operated as a joint account
  • Initial account opening balance of GH¢50
  • Minimum mandatory regular monthly contribution of at least GH¢50 for 12months post account opening.
  • Non-negotiable no withdrawal policy on account for 1 year post account opening.
  • Where forced withdrawal is made before the mandatory 12 months, customer loses all special interest gained.
  • Optional one (1) year term insurance policy available

INTEREST RATE- SUSU PLUS

  • One (1) month installment after twelve(12 )payments (implied rate of 15% )

HFC Smartsave Account

  • Product targets individual regular savers
  • Grow savings of customers to acquire assets and