Amãna Bank Launches Unique Savings Scheme

September 09, 2014

Amãna Bank recently launched its flagship savings product “Savings Plan”; a unique savings scheme which allows customersto reach a target savings amount by a desired time period, helping them to develop the discipline of savings for the future. The Savings Plan is coupled with a Life Takafulinsurance cover to match their target savings while also offering a higher profit share to the customer.

Commenting on this the Bank’s Chief Executive Officer Mohamed Azmeer said “We are happy to introduce Savings Plan, a savings tool ideal for occasions such as saving for a child’s higher education, wedding or any other future financial commitment.

The added Life Takaful cover will ensure the goal of saving is achieved, where in case of a claim, the customer nominee is will receive the life takaful cover amount plus the accumulated balance in their savings plan account.”

Also sharing his views on the new account the Bank’s Vice President Consumer Banking and Marketing Siddeeque Akbar said “The Savings plan provides greater flexibility as the customer can choose their target savings amount and the period in which they need to achieve their savings from a multiple of options which will suite their savings need. Your monthly savings commitment can be as minimum as Rs. 1,667. This is the ideal tool for one to plan and nurture ones dreams.”

Amãna Bank recently launched its flagship savings product “Savings Plan”; a unique savings scheme which allows customersto reach a target savings amount by a desired time period, helping them to develop the discipline of savings for the future. The Savings Plan is coupled with a Life Takafulinsurance cover to match their target savings while also offering a higher profit share to the customer.

Commenting on this the Bank’s Chief Executive Officer Mohamed Azmeer said “We are happy to introduce Savings Plan, a savings tool ideal for occasions such as saving for a child’s higher education, wedding or any other future financial commitment.

The added Life Takaful cover will ensure the goal of saving is achieved, where in case of a claim, the customer nominee is will receive the life takaful cover amount plus the accumulated balance in their savings plan account.”

Also sharing his views on the new account the Bank’s Vice President Consumer Banking and Marketing Siddeeque Akbar said “The Savings plan provides greater flexibility as the customer can choose their target savings amount and the period in which they need to achieve their savings from a multiple of options which will suite their savings need. Your monthly savings commitment can be as minimum as Rs. 1,667. This is the ideal tool for one to plan and nurture ones dreams.”



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