Amanah Saving Account         

Product category: Deposit account

Product type: Special saving account

Purpose of the account: The purpose of this Ahati Account is to encourage female customers to save money and use our bank services

Features of the product

1. 1. It can be opened individually or jointly by women; 

1. 1. It can be opened with zero balance given that there is a reasonable source of fund that can bring the balance to the minimum amount of Birr 1000(One thousand) with in fifteen days;

1. 1. It provides higher interest rate than ordinary saving account (Normal interest plus 1% and may add 0.5% if the deposit amount is greater than birr 300,000.00);

• • It can be operated by cash withdrawal voucher, mobile banking, internet banking and debit card designed for holders of Ahati Saving Account;

• • Cash withdrawal is allowed at any time in any amount of money but as per NBE directive;

• • A minimum amount of Birr 1,000.00 has to be maintained to qualify for interest calculation.

• • ATM debit card shall be issued freely for the first time which would be linked to their Ahati Saving Account

• • Access to priority banking service for depositors with amount above 1 million and special identification card would be issued

Target group and eligibility

1. 1. Any Individual Female above 18 years old;

1. 1. Businesses entities fully owned by Female;

1. 1. Incapacitated women (through legal guardians); and

1. 1. Women staffs of the Ahadu.

Benefit

To Ahadu: to attract new potential customers and enhance financial inclusion.

To the customer: the account holder will be eligible for additional services including loan for purchasing consumer durable goods and micro (digital) loans