Income Plan from Zimele Savings Plan
A steady and secure income can help you plan for your monthly financial obligations with ease.
The Zimele Savings Plan can be used to accumulate savings and the interest earned can be converted into a steady income paid to you every month. This allows you to create a monthly income based on your principal amount, which you can also continue to top up to raise the income you will earn in subsequent months.
How Does It Work?
You will need to either accumulate your savings or deposit a lump sum in your Zimele Saving Plan account.
The interest accumulated will then be sent to you monthly (or any other frequency of your choice), either to your bank account or M-Pesa wallet.
You are free to top up your account at any time, with any amount. Top ups to your account will increase your monthly income in subsequent months.
Enter your target savings below and see the monthly income they will generate
This Income Plan is tailor-made just for you. We let you set your terms, including the amount to save, top ups and duration of saving. The higher the savings and the longer the duration, the more stable will be the monthly income due to you.
Note: The Income Plan is part of the Zimele Savings Plan, which is a money market fund in the Zimele Unit Trust Scheme. The Zimele Unit Trust Scheme is licensed and regulated by the Capital Markets Authority (CMA) as a collective investment scheme.