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Top News

KMBL launches saving scheme for pensioners, widows

Published March 9, 2017 Updated March 9, 2017 08:06pm

imageKARACHI: Khushhali Microfinance Bank (KMBL) has introduced a special saving scheme for senior citizens, pensioners, widows and juniors that would help them in planning a prosperous and secure future with exceptional offering of profits up to 13 percent.

A statement here on Thursday said that Khushhali Microfinance Bank has especially tailored the scheme to achieve their financial objectives.

It said that the bank with a history of providing innumerable platforms of prosperity to millions for the last 16 years with excellent credit ratings, backed by solid local and foreign investments has always ensured higher returns for customers.

To facilitate senior citizens (aged 55 and above), widows, pensioners and juniors (below 18) this saving plan also offers an ATM card facility with monthly profit withdrawal option.

Khushhali Microfinance Bank President Ghalib Nishtar said that the scheme is to assist the elderly, pensioners and the juniors.

"This scheme is highly beneficial for senior citizens, pensioners, widows and children because it helps them save with a 13 percent profit for a more secure future," he added.

The scheme would be beneficial for Pakistan's economy as well because getting the unbanked segment into the banking system will lead to greater financial inclusion.

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