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FriMi Bucket list

Achieve your saving goals in the next few months or years Start saving, put aside a fixed bit of money every month?

Nihla Jayman avatar
Written by Nihla Jayman
Updated over 11 months ago

Opened through the FriMi app, by giving a funky name, deciding how much you wish to save.

O - Set a timeline to achieve your goal.

O - Let FriMi know when and how much to save for you.

O - We will calculate the installment amount for you (you can adjust it to fit your target/goal).

O - The installment amount will be transferred from the account of your choice to the Bucket list account, on the requested installment date automatically.

Here are few pointers to assist you

  • The minimum target period is 2 months.

  • The minimum target amount is LKR 10,000.00.

  • The initial deposit amount is a minimum LKR 500 and less than 50% of the target amount.

  • Any unique name within 20 characters can be given to the FriMi Bucket list account.

  • FriMi bucket list can only be opened through the FriMi app.

  • FriMi bucket list account can be viewed through the FriMi app.

  • If sufficient funds for the installment amount are not available in the source account on the installment date, the installment amount will be recovered once the funds are credited to the source account by the end of the day.

  • Funds cannot be deposited to or withdrawn from bucket list account through branches or any other medium.

  • Interest will be calculated to the FriMi bucket list account daily and will be credited to FriMi bucket list account at the end of each month.

  • FriMi account, FriMi savings pot account, Nations trust bank accounts and as well as any other linked other bank accounts can be selected as the source account for the bucket list account.

  • Interest will not be considered when calculating the installment amount. Interest will be an addition to the target amount.

  • Multiple bucket list accounts can be opened.

  • FriMi bucket list account details and transactions can be viewed through the FriMi app itself.

  • At the maturity of the Bucket list account, the account will be closed automatically, and funds will be transferred to the FriMi account.

In need of withdrawing your money early? It's okay, we understand . Close your bucket list at your convince for no charge.

Let’s open a FriMi bucket list through the below path;

Login to the FriMi app > Tap on Bucket List option on homescreen >Enter the Bucket list Name > Target amount > Initial amount > Select Tenor > Select the Installment date > Continue > Select the source account > Continue > Read & Accept Terms & conditions > Check account details & Confirm.

You can check your Bucket list account details through Info tab of the bucket list account.

To close FriMi Bucket list kindly go through the below path

Login to the FriMi app > Tap on Bucket List option on Homescreen > Select the Bucket List account which needs to be closed > Tap on Close > Continue > Select the account to transfer the Bucket list account Balance > Continue > Close the account.

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