LOLC Launches New Savings Product “Plan Account” Offering Competitive Interest Rates of Up to 6.25% Per Annum!

Are you currently in the habit of saving money or planning your financial future? LOLC is proud to introduce a brand-new savings product, the “Plan Account”, which is designed to help every customer achieve their financial goals effectively through savings that are flexible according to their actual cash flow.

The “Plan Account” differs from other savings accounts by allowing you to save continuously without requiring a one-time large deposit or a specific time limit. This account is suitable for various objectives, including saving to buy a house or car, funding your children’s education, starting a business, or planning travels.

With the “Plan Account” , customers can start saving with as little as USD 10 and enjoy a wide range of benefits, including:

  • Get additional interest rates every year that increase to 6.25% per annum
  • Plan savings according to a defined cash flow plan
  • Assists in building a disciplined and regular saving habit
  • High security and convenience for making deposits and managing accounts via LOLC Mobile
  • A choice of savings periods ranging from 1 year up to 5 years
  • Options to save on a daily or monthly basis, or according to a suitable plan

Note: To receive an increasing interest rate every year, customers must deposit money into the Plan Account for 12 months consecutively.

If you are interested in opening a “Plan Account”, please visit your nearest LOLC branch or contact us via:

  • 023 991 991
  • 014 991 991
  • 096 3 991 991
  • 031 3 991 991


Publish date: May 13 , 2025