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

Key Details:

1. Interest Rate: 12% per annum
2. Flexibility: Auto-save, partial withdrawal, or break plan options
3. Halal-Compliant: Interest opt-out available

FAQs

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