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• Important: Data provided is delayed information. The data is delayed by at least 15 minutes.

Higher Education Fund

This product aims at helping parents and guardians save targeted sums at determined time periods for purposes of educating their children/wards. The product comes with a life assurance scheme. The minimum and maximum tenure for the fund is 2 years and 25 years respectively.

Purpose(Features):

• Funding future education
• Higher interest rates
• Hassle free standing orders to build up deposits automatically
• Collateral for loans, Overdrafts and Trading Activities

The minimum balance to open account is GHS100 and earn interest is GHS200 with a minimum monthly contribution of GHS20. Interest Rate Structure is 2 points above the current Saving Plus rate. HEF ceases to operate after 3 months if contribution fails.