This account enables clients to invest their money for higher returns. It serves to be very beneficial for individuals who want to undertake projects in the long-run. The account has an attractive interest arrangement for our clients. Rates are negotiable subject to the amount of investment.  Rates are higher than T-bills rate. Investments can be made for 91 days, 182 days, one year and two years.  

This is an interest bearing account designed to help individuals or organizations raise funds for business and finance projects. An account holder qualifies for a loan so long as at least 30% of the request is in Savings Account.  Three months daily contribution without withdrawal attracts an annual interest of 5.5% pa. REQUIREMENT: Two (2) passport size pictures. Initial deposit of GHs20.00. Regular contribution should be GHs5.00 or more. Maintain minimum balance of GHs10.00. Please ensure regular update of passbook when transaction movement occurs. Inform MCML immediately for a replacement when passbook is lost.  Three (3) or more times withdrawal within a month may attract some administrative fee.  

To assist individuals and organizations to save part of their daily income for future needs.

To assist students to save money to cater for future spending during career development. Special arrangement is available with respect to National Service Personnel.   

MCML offers this product to enable parents/guardians to contribute to the account towards their children’s educational needs in the future. It is also a tax-free investment for children’s education. A child under 18 years is named as beneficiary of the account and a parent or guardian named to control the account. REQUIREMENTS:  Two (2) passport size photograph. Birth certificate of the child. Initial deposit of GHs20.00. Regular contribution should be GHs5.00. Minimum balance is GHs10.00. Please ensure regular update of passbook when transaction movement occurs. Inform MCML immediately for a replacement when passbook is lost.   

This is a special account open to our customers who are women only. In line with the mission of the company, this comes with a special package.