Savings Account

Financial Relief Savings Account

The Financial Relief Savings Account offered by AMACCUL is designed to provide members with a safety net for unexpected financial challenges or emergencies. This account allows individuals to save and build a reserve fund to cover unforeseen expenses, such as medical emergencies, car repairs, or temporary loss of income.

Key features of the Financial Relief Savings Account include:

• Emergency Fund Building: A dedicated account for building an emergency fund to cope with unexpected financial hardships.
• Flexible Saving Options: Members can contribute regularly to the account or make lump-sum deposits, depending on their financial situation and goals.
• Competitive Interest Rates: Earn interest on the balance in the account, helping to grow savings over time.
• Immediate Access to Funds: Access funds quickly and easily when needed to address financial emergencies or unexpected expenses.
• Peace of Mind: By having a financial safety net in place, members gain peace of mind knowing they are prepared for unforeseen circumstances.