31-08-2023

Kuiphula ndi FINCA Promotion – Terms and Conditions

  1. Kuiphula ndi FINCA Promotion is a savings mobilization campaign that will promote Fixed Deposit accounts.
  2. The promotion runs for a period of 3 months from 1ST September 2023 to 31st November 2023.
  3. The promotion is open to all FINCA Malawi clients (new and existing).
  4. Each individual is only eligible to win one of the cash prizes available.
  5. The cash prize will be taxable were applicable.
  6. To qualify for a cash prize draw, an individual must place a Fixed Deposit with FINCA, Minimum MK50,000 for at least 3 months.
  7. Individuals that opening a Fixed Deposit account that meets the requirements will automatically enter a draw.
  8. One draw will be held at the end of the promotion period on 30 November 2023 to select three lucky winners.
  9. The promotion will award the following cash prizes following the draw:
  • 1st prize -MK200,000
  • 2nd Prize – MK100,000
  • 3rd Prize – MK50,000
  1. The reigning interest will apply based on amount and term on the fixed deposit placement.
  2. Winners may only receive their cash prize through their FINCA Phindu Savings Account.
  3. Employees of FINCA Malawi and their immediate families and FINCA Agents are NOT eligible to win any cash or branded merchandise in the promotion.