Product Overview

A safe investment that forms a part of VMBS Tier 2 Capital. Ideal for Members looking for a safe and secure way to diversify their savings to get closer to achieving their short to medium term financial goals.

Product Details

Target Groups

• Age range: 25-55 years
• Gender: No restrictions on gender
• Characteristics:
  • Self-Employed
  • Employed
  • Corporation and Institutional
  • SMEs
  • Pensioners
  • Jamaicans locally and in the diaspora

Features

• Minimum investment of J$250,000
• Up to 7.75% per annum returns on investments
• Quarterly interest payments
• Safe, secure saving in a solid institution

Selling Points

• Excellent income stream for Corporations, Pensioners and Members who need cash flow to reinvest and to cover recurrent expenses
• Approved by the Bank of Jamaica
• Safe secure saving in a solid institution