Tariff Guide2018-12-11T15:30:57+00:00

SAVINGS ACCOUNTS AND SERVICES

FLEX ACCOUNT (ZMW) FINCA SAVER (ZMW) CORPORATE ACCOUNT (ZMW)
INTEREST
Interest on Savings N/A N/A N/A
ACCOUNT BALANCES
Minimum Balance 0 300.00 0
Minimum Deposit at Account Opening 0 0 0
SERVICE FEES
Monthly maintenance fee 12.00 0 50.00
Internal Funds Transfer 0 0 0
Dormant Account Reactivation 0 0 0
Standing Instruction- set up fee 0 0 0
Standing Instruction-transaction fee 0 0 0
Standing instruction-Failure 4 4 4
Salary Processing-per transaction N/A N/A N/A
Interim and Historical Bank Statements 15.00 15.00 15.00
Cheque Processing 10.00 N/A 10.00
Over the Counter Withdraw Charge- for withdraw amounts less than 5,000 0 0 0
Withdraw at FINCA Express Agent 5.00 5.00 N/A
Balance Enquiry at FINCA Express Agent 0 0 N/A
Mini Statement at FINCA Express Agent 0 0 N/A
INTER-BANK TRANSFER
<50,000 25.00 25.00 25.00
>50,001 50.00 50.00 50.00

FIXED TERM DEPOSITS

Amount (ZMK) 90 Days 180 Days 270 Days Tenor 365 Days and above**
200 – 5,000 3% 5% 5% 10%
5001 – 10,000 4% 5% 6% 10%
10,001 – 49,999 5% 5% 7% 10%
50,000 and above Rates based on prevailing treasury bills +
margin

FIXED TERM DEPOSITS

Amount (ZMK) 90 Days 180 Days 270 Days Tenor 365 Days and above**
50,000 and above Rates based on prevailing treasury bills +
margin

*Interest rates indicated are per annum
*Pricing for negotiated rates subject to management approval

LOAN PRODUCTS

SMALL ENTERPRISE LOAN (160,000-1,000,000) INDIVIDUAL BUSINESS LOANS (5,000-159,999) GROUP LOANS (1,500-20,000)
Interest rate per month (Declining Interest) 5.6% 6.8% 7%
Arrangement fee/td> 8% 10% 10%

COLLATERAL REGISTRATION FEES

FEE DESCRIPTION APPLICABLE FEE (ZMW)
Registration of financing statement 100.20
Notice of amendment of financing statement 100.20
Discharge of financing statement 100.20
Search 20.10
Certificate of status 20.10
Registration of enforcement-notice of creditors rights 50.10
Registration of extinguishment of security interest 50.10
Motor vehicle registration 434.00