This account is designed to help members save towards their insurance needs. It is a mandatory
account for members who have been advanced loans requiring insurance and are currently
servicing their loans.
Benefits of Bima Savings
- Earns annual interest at an attractive rate
- Funds can be withdrawn specifically for insurance purposes
- Eligible to borrow up to 2× the total Bima Savings
- Loan repayment period of up to 10 months