Gift Plan

Account should not be broken before 3 months have elapsed. On maturity of this account the member may transfer the amount saved to shares and be eligible for a 2:1 loan consideration only on the amount saved.

No Section Title – 349 No Column Title – 350

Interest Rate

2%

Interested will be calculated at the end of the period. No Column Title – 352

Applicable Period

January to December No Section Title – 353 No Column Title – 354

Type of Account

Special Deposit Account No Column Title – 356

Minimum Deposit

A fixed monthly or fortnightly saving, minimum of $50.00