Features:
- Shorter Loan Period: Payments primarily reduce the principal amount, resulting in a shorter loan term.
- Interest Savings: Interest is calculated daily on the difference between the loan balance and the money in your account, leading to potential savings.
- Withdrawal Facility: You can withdraw the interest saved, along with the money in your account, whenever needed.
- No Minimum Balance Requirement: There is no required minimum balance to maintain in your account.
- Interest Rate:
- Fixed at 3.4% for the first 24 months.
- Afterward, the rate switches to a variable rate that is repriced every 12 months.
