Save without thinking about it.

Choose between automatic daily, weekly or monthly savings. Once you choose, our system does the rest for you. You’re in control!

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Automated Target Deduction

Set and meet targets with recurring automated deductions on your locked plan.

Interest, Profits & Benefits

You also earn a monthly benefit of 3-4% while we assist you in achieving your objectives more swiftly. Consider this a bonus for reaching your desired outcomes.

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Access Loans

Your Target Savings automatically qualifies you for a non-collateral / guarantor loan within 3 Minutes.

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Target Savings

Getting Started

1
Create an account, Login
2
Navigate to Target Savings
3
Explore!

Frequently asked questions

Feeling inquisitive? Have a read through some of our FAQs or
contact our support for help

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Target savings refers to a specific amount of money that a person, household or group of individuals aims to save within a certain period of time. It is a savings strategy where individuals or households set a specific financial goal or target and then make regular contributions towards that goal until they reach it.
Target savings can serve several purposes, such as creating an emergency fund, saving for a home down payment, funding a significant expense, or preparing for retirement. By setting a clear savings objective and utilizing one of our existing plans or requesting a customized plan not listed under our "Target Savings Plan," individuals can improve their financial management and make progress towards meeting both their immediate and long-term financial goals.
To start target savings, it is important to set a realistic goal, create a budget, and then identify how much money needs to be saved each month to reach the target within the desired time frame. It is also important to regularly monitor progress towards the savings goal and make adjustments as necessary to ensure that the target is achieved.
On your user dashboard, under the Savings Box click on target savings and select any of our plans that suit your target goal or request for a customized plan not listed under our "Target Savings Plan". Follow the instruction carefully and your goal will be set.
Yes, members can have multiple target savings goals, and the platform will keep track of each goal separately.
If a member misses a target savings payment, the platform will send a notification and give them the opportunity to make up the missed payment before the delayed charge and charges differs depending on the nature of plan. We urge our members to be diligent for every financial goal requires discipline.
Finsense Multipurpose Cooperative Society Limited

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