What is Target Savings?


Target Savings is a goal-oriented savings product for individuals or businesses who want to save towards a specific objective.

Key Details:

  • Interest Rate: 11.5% per annum
  • Flexibility: Auto-save, partial withdrawal, or break plan options
  • Halal-Compliant: Interest opt-out available



 FAQs

  • Duration: 1 month – 12+ months
  • Multiple Plans: Allowed
  • Interest Rate: 11.5% p.a., opt-out available
  • Auto-Save: Available
  • Partial Withdrawal: Up to 50%, loses interest
  • Break Plan: All interest forfeited
  • Target Reached: Withdraw or continue saving