Lerako Savings Account

Your one-third pension lump sum amount now has a better home to grow. This account will give pensioners a secure and reliable return on their money. The product is also available for companies and other institutions.

• Earn up to 4.00% interest on your daily balances.
• The minimum investment amount is P25, 000.00.
• The minimum investment tenure is 24 months.
• Customers are allowed to make exceptional and or incremental deposits anytime at absolutely no cost.
• Security for short loans 75% of the value

LERAKO SAVINGS ACCOUNT

AMOUNT                   Interest Rate                                    Int. Rate     AMOUNT                          Int. Rate                    

25,000 - 30,000      2.25% 50,000 – 100,000                2.75%       2,000,001-4,000,000            3.65%

30,001 – 35,000     2.35% 100,001 – 250,000              3.00%       4,000,001-5,000,000            3.75%

35,001 – 40,000     2.45% 250,001 - 500,000               3.25%       5,000,000 – 7,000,000         3.85%

40,000 – 45,001     2.55% 500,001 – 1,000,000          3.50%       7,000,001- 9,000,000          3.90%

45,000 – 49,999     2.65% 1,000,001- 2,000,000         3.55%       Above P9, 000,001               4.00%