Special fixed deposit is a new savings product, which will be accessible to all who wish to invest with BBS Bank from 1 June 2021 to 31 November 2021.
Features
The interest rate is very attractive and is the best in the market.
Minimum deposit P50,000.00
Interest paid at the end of the term
Investment period is twelve (12) months
Funds may not be withdrawn before maturity date. Early termination forfeits all interest accrued at time of termination.
Customer may…
Subscription Shares Account
Who can invest in Savings
Individuals over the age of 16, as well as associations, clubs, certain trusts and similar bodies are eligible to open this account. It is particularly recommended as a method of saving for a specific objective through easy monthly subscriptions.
Features & Benefits
You can invest any fixed monthly sum you choose, from P100 upwards, to a maximum of paid-up value not exceeding P1 million per account, excluding dividends.
You choose the investment period - from 36…
Paid-up Shares Account
Indefinite Period Paid-up Shares
Indefinite Period Paid-up Savings are offered to companies, institutions, associations and individuals over the age of sixteen.
Features
Interest is 2.61% and is payable in March and September each year.
Funds can be redeemed on application at the discretion of BBS Bank, subject to six months’ notice after an initial period of fifteen months.
In an emergency, the funds can be used as security for loans of up to 75% of their value.
The funds are…
Fixed Deposit Account
As your only locally-owned national BBS Bank, we firmly believe in helping YOU - our members and clients grow, develop and prosper as the country itself moves forward. Our Fixed Deposit Account offers you the chance to save for the future, to meet future commitments such as school fees, etc, or merely to provide you with a secure, guaranteed high return on your investment.
The interests rates payable to you are fixed and guaranteed for the term of investment and will not fall even if other…
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 3.76% 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 Ntshegetse loans 75% of the…
Letsibogo Savings Account
With Letsibogo, the more deposits you make, the more interest you will earn. Your interest will be calculated annually. Interest ranges from 1.71% to 2.26%. A zero balance is required to open the account. There are no bank charges. Withdrawals are limited to one every three months.
Special Savings Account
Special” because they offer a higher rate of interest.“
Features of special Savings Account
Minimum balance BWP500.00.
Interest is also calculated on the daily balance and payable on a quarter yearly basis and it ranges from 1.66% to 2.01%.
Withdrawals- twice per month.
Has no ATM facility.
Who may operate Savings Accounts?
All Savings Accounts may be operated by any person over the age of 16, clubs, companies, associations, partnerships, deceased estates, trust funds and others.
Ordinary Savings Account
The BBS Bank ordinary savings account is as flexible as your needs. The account comes with a BBS Bank Visa card which gives you secure, fast, and easy access to your money. Open this account with a minimum amount of P200 and enjoy global access to ATMs and the ability to do secure online transactions.
Who may operate Savings Accounts?
This account may be operated by any person over the age of 16, companies, clubs, associations, partnerships, estates for deceased persons, trust funds and others…
Tlamelo Savings Account
Make fixed monthly deposits of a minimum amount of P250 towards your saving account. Your investment allows you to buy a residential property at a future date. After your minimum investment phase of 60 months you may use your savings as a down payment for property acquisition with the balance of you loan financed by BBS Bank at a preferential rate.
Benefits
Higher return on investment towards property acquisition over the investment period.
Clients have the option to roll over their investment…