Republic Bank “Susu Plus” Account

• Targeted Savings Account


• Contract duration of 1 year


• Encourage regular monthly savings


• To give back to the customer one (1) deposit equivalent of the regular monthly savings

Eligibility Requirements

• Existing and potential non-customers


• Applicant must be 18 years and must meet minimum KYC requirements

Key Product Features – “Susu Plus”

• Account to be operated as a savings account


• Account can be operated as a joint account


• Initial account opening balance of GH¢50


• Minimum mandatory regular monthly contribution of at least GH¢50 for 12months post account opening.


• Non-negotiable no withdrawal policy on account for 1 year post account opening.


• Where forced withdrawal is made before the mandatory 12 months, customer loses all special interest gained.


• Optional one (1) year term insurance policy available

INTEREST RATE- SUSU PLUS

• One (1) month installment after twelve(12 )payments (implied rate of 15% )

Republic Bank Smartsave Account

• Product targets individual regular savers


• Grow savings of customers to acquire assets and