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    How To Invest

    Uploaded by

    SAVIOUR BANDA
    This document provides instructions for accessing and using Patumba, a savings investment option. It outlines how to access Patumba through various mobile money platforms, available investment periods from 91 days to 2 years, and how to check account balances and maturity dates. Withdrawals are only allowed when the investment period has ended and the minimum withdrawal amount is ZMW 50. Users can invest as many times as they like, with a maximum of ZMW 20,000 per transaction. Returns are not guaranteed but aim to match treasury bill rates.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    How To Invest

    Uploaded by

    SAVIOUR BANDA
    553 views3 pages
    This document provides instructions for accessing and using Patumba, a savings investment option. It outlines how to access Patumba through various mobile money platforms, available investment periods from 91 days to 2 years, and how to check account balances and maturity dates. Withdrawals are only allowed when the investment period has ended and the minimum withdrawal amount is ZMW 50. Users can invest as many times as they like, with a maximum of ZMW 20,000 per transaction. Returns are not guaranteed but aim to match treasury bill rates.

    Original Description:

    Money market Focus

    Original Title

    how-to-invest

    Copyright

    © © All Rights Reserved

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    This document provides instructions for accessing and using Patumba, a savings investment option. It outlines how to access Patumba through various mobile money platforms, available investment periods from 91 days to 2 years, and how to check account balances and maturity dates. Withdrawals are only allowed when the investment period has ended and the minimum withdrawal amount is ZMW 50. Users can invest as many times as they like, with a maximum of ZMW 20,000 per transaction. Returns are not guaranteed but aim to match treasury bill rates.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    553 views3 pages

    How To Invest

    Uploaded by

    SAVIOUR BANDA
    This document provides instructions for accessing and using Patumba, a savings investment option. It outlines how to access Patumba through various mobile money platforms, available investment periods from 91 days to 2 years, and how to check account balances and maturity dates. Withdrawals are only allowed when the investment period has ended and the minimum withdrawal amount is ZMW 50. Users can invest as many times as they like, with a maximum of ZMW 20,000 per transaction. Returns are not guaranteed but aim to match treasury bill rates.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    HOW TO QUICK QUIDE

    How can I access Patumba?

    1. Dial 303#
    2. Select Option 4 (Kongola and Savings)
    3. Select Option 2 ( Saving )
    4. Select Option 1 ( Patumba)

    How much can I invest?


    Any subscriber can invest as low as K1 into Patumba

    What investment Tenors are available on Patumba?


    One can invest on Patumba using the tenors below;

    1. 91 Days
    2. 182 Days
    3. 273 Days
    4. 1 year
    5. 2 Years

    Can I invest for various investment periods?


    Any subscriber can invest for any investment period of their choice each time they invest in Patumba.

    How do I check my maturities?

    1.Dial *778#
    2.Select Option 8 (investment)
    3.Select Option 1(Patumba)
    4.Select a savings plan.
    5.Select Option 3 (Maturities)

    MTN Mobile Money

    1.Dial *303#
    2.Select Option 4 (Kongola and Savings)
    3.Select Option 2 (Savings)
    4.Select Option 1(Patumba)
    5.Select a savings plan.
    6.Select Option 3 (Maturities)

    Postal Address: Po Box 32350, Lusaka | Physical Address: 2287 Corner of Lagos and Lubuto, Lusaka
    Tel: +260 211 232 877 | Mobile: 0956 529 966| Email: invest@hobbiton.co.zm| www.hobbiton.co.zm
    ZAMTEL Kwacha Account
    1. Dial *488#
    2. Select Plan
    3. Select Maturities

    When can I withdraw my investment?

    A subscriber can only withdraw their investment amount when it has matured based on the selected
    investment period chosen at the point making an investment and the product.

    What are conditions to withdrawing my investments

    1. The investment amount would need to have matured based on the selected investment period chosen
    at the point  making an investment.
    2. The matured amount should be at least a ZMW 50.

    How can I withdraw my returns?

    Dial *778#
    2.Select Option 8 (investment)
    3.Select Option 1(Patumba)
    4.Select a savings plan.
    5. Select Option 3 (withdraw)
    MTN Mobile money

    1.Dial *303#
    2.Select Option 4 (Kongola and Savings)
    3.Select Option 2 (Savings)
    4.Select Option 1(Patumba)
    5.Select Option 2(withdraw)

    ZAMTEL Kwacha Account

    1. Dial *488#

    2. Select Plan

    3. Select Withdraw

    Postal Address: Po Box 32350, Lusaka | Physical Address: 2287 Corner of Lagos and Lubuto, Lusaka
    Tel: +260 211 232 877 | Mobile: 0956 529 966| Email: invest@hobbiton.co.zm| www.hobbiton.co.zm
    Is it mandatory for me to withdraw my investment

    It’s not mandatory for one to withdraw their investment whenever it is due.

     What is the maximum amount I can invest in a single transaction?

    The maximum amount an MTN Mobile Money Account can hold (ZMW 20,000)

     Can I check the statement on my Patumba Investment?

    One can check their statement by selecting option 5 on the Patumba Menu

    How Many Times Can I Invest?

      One can investment as many times as they wish.

    What Is The Return On My Investment?

    The Patumba fund invests primarily in Fixed Term deposits and Treasury Bills. The gains on any investment is
    dependent on the performance of the underlying assets, the amount invested and for how long the clients
    wants to stay invested. The Patumba Fund cannot guarantee an interest rate upfront but the aim of Patumba is
    to ensure that investors gain as close as possible to the prevailing 365 Day Treasury Bill rate If they invested for
    a year. The investor can track their investments on a daily basis via a mobile phone.

    Postal Address: Po Box 32350, Lusaka | Physical Address: 2287 Corner of Lagos and Lubuto, Lusaka
    Tel: +260 211 232 877 | Mobile: 0956 529 966| Email: invest@hobbiton.co.zm| www.hobbiton.co.zm

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