An investment of MUR 1000 should be paid.
This is represented by 100 shares of MUR 10.
His repayment capacity as well as security provided will be first assessed.
A life saving Insurance Cover is provided free of charge on that account.
The assigned nominee/s of the member shall obtain an Insurance Cover equivalent to his Life Savings balance at the time of his death.
Note that contributions made to Life Savings Account after the age of 70 years will not be covered.