Phindu Savings

Secure and grow: experience safe savings

Secure and easy way to save and grow your money. High interest rates and no monthly charges through our reliable savings solution.

Growth journey starts here

Embark on a financial growth journey by starting to save with a minimum of K1,000.

  • Fee-Free Banking: Experience fee-free banking with no monthly maintenance charges or account service fees, ensuring hassle-free financial management.

  • Competitive Returns: Unlock competitive returns with a 6% annual interest rate, applicable even for book balances as low as MK1,000 maximizing the growth potential of your savings.

  • Convenient Transactions: Enjoy the convenience of free unlimited withdrawals and deposits at all our branches nationwide.

  • Effortless Onboarding: The account opening process is a simple and swift procedure.

Accessing and opening an account is easy

Our savings solution allows you to start saving for your future with no monthly charges deducted.

  • Identification Verification: Ensure identification verification with the submission of a national ID, enhancing the security and reliability of your savings account.

  • Residential Authentication: Authenticate your residence with a utility bill (ESCOM/Water Board receipt), ensuring accurate and up-to-date information for your savings account.

  • Passport Photo: Enhance your account opening experience with a free passport photo, conveniently taken at the branch to make your journey seamless.

  • Regulatory Compliance: Ensure regulatory compliance by submitting any additional documents as requested by the regulator, facilitating a smooth account opening process.

  • Initial Financial Step: Take the initial financial step by determining your opening book balance, setting the foundation for your account’s financial journey.

Application Process: Step by Step

Experience an application process built on trust, efficiency, and your unique needs.

  • 1

    Personalized Verification
    Experience personalized verification as our operator calls you within 24 hours, double-checking details to ensure accuracy and security.

  • 2

    Local Support
    Receive local support as an officer from the branch in your location contacts you for the account opening process, providing convenient and personalized assistance.

Start your application

Applying is a straightforward and convenient process.


Frequently Asked Questions

Elevate your financial well-being by effortlessly opening a Phindu Savings account at any nearby FINCA branch and relish the security and growth of your money

Inclusivity is our priority! With a deposit-friendly approach, FINCA crafted the Phindu Savings Account, allowing you to start with as little as K1,000, encouraging everyone to embrace the savings culture in Malawi

Safeguard your savings while enjoying the thrill of a competitive interest rate and unlimited access, all without the burden of monthly account maintenance or transaction charges. Join us in a hassle-free savings experience!

Please call 312 (TNM Toll free) or +265992950051 during work hours

We are always happy to talk!

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