TAILOR MADE SAVINGS ACCOUNT
Wastaafu account is a tailor-made savings account for all pensioners. This is to be used for both saving and servicing Wastaafu loans.
Wastaafu loan product targets both pensioners and Pre-pensioners. Under this scheme, pensioners shall use their monthly pensions towards repayment of the loans granted to them by the Bank while Pre-pensioners repayments shall be deducted upon payment of the gratuity amount.
No opening balance
No minimum account balance
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