This is Mortgage linked “Pension” scheme that allows individuals service mortgage loans and save simultaneously.
Features/Benefits
Maintenance of a mortgage Endowment account Monthly savings (endowment amount) is constant Competitive mortgage/savings rate Encourage savings beyond mortgage period Account accommodates exigencies Lump sum (pension benefit) at the end of the mortgage endowment Customised retirement plan utside/alongside pension Savings on mortgage insurance.
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This is Mortgage linked “Pension” scheme that allows individuals service mortgage loans and save simultaneously.