Bahrain’s Al Salam Bank has announced the launch of its latest Life Planning campaign which provides clients the optimal choice to save, invest and distribute their funds after retirement to help secure a better financial future. 

 

Al Salam Life Planning account has a tenor of 3 to 20 years with a monthly contribution starting at BD30. Clients will receive free life insurance as well as the option of opening their account without having to pay any administrative fees.

 

Mohammed Buhijji, Head of Retail Banking at Al Salam Bank, said: “Our latest campaign aims to meet the needs of those wishing to retire or looking for the best financial solutions to ensure a better financial future upon retirement. We encourage everyone to open an Al Salam Life Planning account and wish them the best of luck in the upcoming draw. At Al Salam Bank, we are committed to launching campaigns that aim to inspire healthier saving habits, and reward them for choosing us as their primary bank.”

 

Al Salam Life Planning account has several verticals that help clients earn savings for future goals, be it for the future education of their children, securing post-retirement funds, providing a down payment to purchase property, or other personal funding goals. 

 

In addition, Al Salam Life Planning account provides competitive profit rates as well as Takaful coverage inclusive of educational insurance, life insurance alongside Covid-19 coverage, the bank said.

The campaign also offers four lucky customers the opportunity to win BD 500 each.

 

After opening an Al Salam Life Planning account through Al Salam’s mobile app or by visiting a branch, from February 6 to April 6, clients will be eligible to enter a draw.  – TradeArabia News Service