Compared to other banks and cooperative societies, opening a savings account with ICCSL offers several additional benefits. The No Frills Account, which enables users to manage their savings accounts without having to keep a minimum balance, is one of its main highlights. This makes it affordable to everyone and gives members the freedom to use their account at zero balance without paying other fees. Additionally, members receive a competitive 4% annual interest return on their savings account balances. This interest yields even higher returns over time because it is compounded quarterly, which means that interest is added to the principal every three months. Together with ICCSL’s member-focused services, these features offer an easy and efficient method to increase your savings while taking advantage of unparalleled flexibility.