Samba Max & Samba Flexi
Q. What is Samba Max?
A. Samba Max is a unique offering. It can be a Current or Savings Account, which is linked with Samba Flexi (Term Deposit). Any funds above a fixed threshold deposited in this account, would get 'swept' and booked into a Samba Flexi.
Q. How is it different from any other checking account?
A. Samba Max is a checking Account which is linked with Samba Flexi (Term Deposit). Funds above a set threshold amount, available in Samba Max, automatically get swept into Samba Flexi and you earn higher profit on the booked amount, compared to a regular Savings Account. Whenever you need money, the required amount will automatically get transferred back into Samba Max.
Q. What is Samba Flexi?
A. Samba Flexi is a term deposit with added features and functionalities, which makes it different than a regular Term Deposit. Unlike a regular Term Deposit, the amount booked in Samba Flexi is in form of Units (1 unit = PKR. 5000), and customer has the liberty to withdraw the required Units from Samba Flexi and the remaining Units continue to earn profit on booking terms.