M-Edutar
Memphis MFB offers parent/guardian opportunity to make adequate plan for the payments of their children/wards school fees.
| FEATURES |
| ¤ Open target saving account |
| ¤ Minimum period of saving 3 months |
| ¤ Save up to 70% of the school fees to have access to school fees loan |
| ¤ Withdrawal is allowed once and it must be repaid with seven days from the date of withdrawal |
| ¤ Liberty to choose duration of the target savings |
| BENEFITS |
| ¤ Promotes saving culture |
| ¤ Eases school fees payment for parents/guardian |
| ¤ parents/guardian enjoys school fees loan at lower interest rate |
| ¤ Target saving account enjoys “interest payable on Saving Account” every month |
| REQUIREMENTS |
| ¤ Complete account opening forms |
| ¤ 2 passport photographs |
| ¤ Identification such international passport, driver license, voter card, national ID and utility bill |
| ¤ Bank verification Number |