Need to have your group savings kept in a secure place? Not only that but have access to cash when needed?
With our VSLA’s Savings Account, you can do just that and many more.
Features and benefits
- Easy Account Opening process
- Interest rate of 15% p.a for LRD &6% p.a for USD
- Duration: The VSLA’s Savings Account is a one-year product, running from November 3lst (, 2023) to December Ist (, 2024)
- Account Opening/Closure Fees: An initial starting amount of $7,500 LRDs and $30 for USD accounts
- Contribution Period: Contributions can be made from November 3lst to March
- Free SMS on all transactions done on your account.
Basic Requirements
- Valid ID Card, passport, driver’s license, voter’s card, and National ID card of all signatories.
- Two passport-size photos with a white background • Residential permit (where applicable)
- Bi-Laws of the VSLA
Terms and Conditions for VSLAs Account
Balance on account should be at least $200,000 LRD or $1,000 USD by the end of the contributing period, which is March 31, 2024.
How To Open Your VSLAs Savings AccountKindly visit any branches listed below and speak with our Customer Service Staff.
Carey Street Branch
135 Carey Street, Continental General Life Insurance Building, Monrovia Liberia
+231-775-279-723
Redlight Branch
Telecom Community, Opposite Good Shepherd Episcopal Church, Paynesville Liberia
+231-881-654-402
Gompa Branch
Monrovia Highway, Opposite God’s Willing Filling Station, Gompa City, Nimba County
+231-775-809-545