Education Plan
Savings
On maturity of this account the member may transfer the amount saved to shares and be eligible for a loan rate of 2:1.
No Section Title – 283 No Column Title – 284
Interest Rate
2%
Interested will be calculated at the end of the period. No Column Title – 286
Applicable Period
January to August; September to July No Section Title – 287 No Column Title – 288
Type of Account
Special Deposit Account No Column Title – 290
Minimum Deposit
A fixed monthly/fortnightly sum of $50.00