This product targets all Ghanaians above the age of 55 years.
- Account to provide competitive and hassle free savings options post retirement.
- To finance short term needs on account holders (unsecured loans of up to GHS5,000 tied to their monthly pension income).
- Applicant must meet minimum monthly pension income (currently GHS332.48).
- Account is interest bearing .
- Account holders to be issued cheque books.
- Initial account opening amount of GHS 50.00.
- No minimum operating balance.
- No COT.
- Tiered interest rate max of 8% applied on minimum monthly balance but applied quarterly.
- Minimum monthly balance of GHS1,000 must be held to earn interest.
- ATM Card and cheque Book.
- Free 24/7 access to Republic Online and Republic Mobile.
- Free admission to all Republic Bank co-sponsored programs.
- Priority service at any Republic Bank’s banking hall or service center.
- Free cheque book.
- Attractive interest rates