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NewsTranscript
00:00The second salary plan by National Bonds has two phases.
00:16The first phase is the savings phase, where you would need to make monthly deposits to
00:21your National Bonds account for a set amount of time.
00:24You would need to make a minimum of 1000 dirhams deposit every month and you can choose to
00:29increase it based on your finances.
00:32You would need to do this for at least 3 years and you can choose to save for up to 10 years
00:36under this scheme.
00:38Once this phase is over, you go into the next phase, which is the earning or the income
00:42phase, where you can expect to receive profits of up to 4.07% per annum according to National
00:50Bonds, because you receive your initial deposit along with the accumulated profit every month.
00:57For example, if you chose to save 5000 dirhams.