Structured savings plans for educational expenses with flexible terms
Term: 6 months
Interest: 4% p.a.
Withdrawal: Per term
Funds paid directly to school upon presenting payment codes
Term: 2 years
Interest: 7% p.a.
Deposits: 12/year
Interest paid annually, withdrawal after 2 years
Term: 5 years
Interest: 10% p.a.
Deposits: 12/year
Highest returns for long-term education planning
Minimum Shares:
10 to register (must reach 100 within 1 year)
Initial Deposit:
50,000
Withdrawal Access:
3 times/year (beginning of each term)
Withdrawal Fee:
20,000 per withdrawal
Processing Fee:
1% of amount withdrawn/paid
Maximum Period:
Until target amount is reached
Student admission documents required for account opening