Some of the benefit
Term loan facility
The employees are given a Term loan facility up to 250% of their deposited amount when the deposit reaches Birr 20,000.00
Cash-in-transit (CIT)
The Bank provides cash-in-transit (CIT) service to the employer.
ATM card
ATM card is issued without a subscription fee.
The account has a normal saving account feature.
Target Beneficiaries
- The account is designed to benefit salaried individuals and their organization to facilitate payroll payment system through Bank account.
Features & Benefits
- The account attracts normal interest rate.
- The account is operated by passbook.
- ATM card is issued without subscription fee.
- The Bank provides cash-in-transit (CIT) service to the employer.
- The employees are given a Term loan facility up to 250% of their deposited amount when the deposit reaches Birr 20,000.00 and above (which need to be maintained for at least one year) against the collateral of the deposited amount and employer’s warranty.
Requirement
Awash salary Drawing solution account opening procedures and formalities of the Bank will be followed.
