Do you have funds that are temporarily available, or does a certain amount remain in your current account each month? BPR offers you a chance to earn better returns on those funds through “GWIZA” savings account.
What is GWIZA?
It is a savings account with the following features:
Minimum deposit to open the account; 100,000 frw.
Make monthly deposits to the account of minimum 25,000 frw
Maturity is 6 months renewable.
No withdrawals are allowed from the account except with a notice period of 91 days.
What are the benefits of GWIZA savings account?
Interest earnings of up to 7% per annum depending on amount saved. The interests are calculated monthly and paid at the expiry of the six months;
This account gives you preferential eligibility for a personal loan
How to open GWIZA savings account GWIZA
If you are already a customer of BPR, all you need is to open a sub-account of your current account by filling a form available at your BPR branch
For new customers, you need to first open a current account and then the savings account will be a sub-account of the first.
Make an initial deposit of 100,000Frw minimum then subsequent monthly deposits.
After the six months,
You can choose to close your account and get your money plus the interests. In this case you should write to the bank 15 days before the account expiry date.
If no letter is addressed to your bank, after the 6 months, your account will automatically rerun for more six months.
For more information, contact your nearest branch