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Because you deserve the best after years of productive and fruitful life, KFH designed the “Thimar” long term investment plan to help you enjoy a comfortable retirement period worthy of your life achievement.
“Thimar” will offer you a plan based on monthly savings, while earning higher investment returns on your savings. When retired, the expected amount will be available to cover your expenses, in addition to a Takaful cover.
- The target amount or monthly saving amount can be changed at any time.
- Automatic monthly transfer of the saving amount from your KFH account to your “Thimar” investment account.
- Withdrawal up to 60% of the saved amount by the end of 1st year and up to 60% once every year.
- The client can increase the monthly investment amount automatically once every two years.
- The client can deposit fixed amounts in addition to the monthly saving amounts without affecting the schedule of the plan.
- Upon completion of the saving period, the targeted saving amount and the accumulated profits will be available.
- “Thimar” plan can be closed at any time, all the saving and declared profits in “Thimar” account will be refunded.
- Target saving amount ranges between KD 4,000 to KD 120,000.
- The client should be between 21 to 55 years.
- Saving period ranges between 5 years to 39 years.
- “Thimar” investment account, when opened will be automatically covered by Thimar Takaful (insurance) policy. The policy will cover the unpaid savings due to death or total disability (sickness or accident) during the saving period, or a fixed cover amount.