– WEALTH –
Smart Saving Made Easy for Everyone
Life Save is designed to help you grow your wealth over the long term with a secure and structured savings plan. With a minimum monthly contribution of N$250 and a maximum of N$45,000, you have the flexibility to save at your own pace. Your savings benefit from 8.5% per annum compound interest, ensuring steady financial growth over the 5-year savings term. While your funds remain accessible with just 7 days’ written notice, early withdrawals or cancellations may incur penalties. Start saving today and let your money work for you!
Building Financial Security
A strong savings foundation ensures long-term stability, helping you prepare for unexpected expenses and future financial goals.
Maximising Growth with Guaranteed Interest
With a fixed annual interest rate of up to 14.72%, your savings grow steadily over time through the power of compound interest.
Flexible Savings to Fit Your Need
Start saving with as little as N$250 per month and increase your contributions whenever you’re ready to boost your financial future.
Easy Access with Structured Withdrawals
Plan your financial journey with a 90-day notice period for withdrawals, ensuring disciplined savings while keeping your funds accessible.
Saving should be simple and accessible to all. Life Save offers an easy way to grow your wealth with as little as N$250 per month, making it the perfect plan for anyone looking to build their financial future. With a competitive 8.5 percent per annum compound interest rate and a 60-month term, your savings work harder over time. Need access to your funds? Withdrawals are possible with just 7 days’ notice. Whether you are just starting out or planning ahead, Life Save gives you the freedom to save on your terms.
Product Name: Life Save
Issue Date: April 2021
Guaranteed Interest Rate: 8.5% per annum compound interest
Minimum Lumpsum Investment: N$45,000.00
Minimum monthly savings amount (optional): N$250.00
Term: 60 months
Notice Period: 7 Days
General
Life Save is designed to assist individuals who wish to build their wealth over a longer period of time.
How much can I save?
The minimum monthly recurring savings amount is N$250.00 and the maximum monthly recurring savings amount is N$45 000.00.
Interest
How much interest will I earn on my savings?
You will earn 8.5 % pa compound interest.
What is the savings term of a Life Save Policy?
The term for a Life Save Policy is 5 years (60 months)
Redemption
How can I withdraw my funds?
Funds can be withdrawn at any time on 7 days written notice. Penalties will apply for early withdrawal or cancellation.