Amayi Angathe Business Savings Account
The Amayi Angathe Product and Service Offering has three main categories. These are; a Savings Account, Credit Facility and an Information Web Portal with dedicated Account Relationship Managers. The attributes of this product and service offering are summarised below:
AMAYI ANGATHE BUSINESS SAVINGS ACCOUNT
- Minimum book balance of MK3,000.
- Concessionary monthly service fee of MK200– No service fee to apply in the
first six months.
- Free ATM card on account opening.
- Free Mo626 plus ATM usage.
- Discounted fee for salary payment through Electronic Funds Transfer (EFT). Transactions charge is 50% of the standard EFT charge.
AMAYI ANGATHE CREDIT BUNDLE
- Maximum loan limit of MK5, 000,000.
- Credit card with maximum limit of MK1,000,000.
- Maximum loan repayment period of 24 months.
- Concessionary interest rate
- Arrangement Fee of 1%.
- No collateral.
Lady owned business with annual account turnover of up to or within MK50,000,000 (Fifty Million Kwacha only)
EXCLUSIVE WEB PORTAL CONTENT
- Business owner toolkit – business plan templates, marketing technics,people management, taxation etc.
- Business loan kiosk – credit checklist, loan calculator, pricing andunderwriting requirements.
- Events – news and upcoming lady entrepreneur events. Testimonies or advice from fellow lady entrepreneurs.