ClearSearch
Loginlock

Login


Not registered yet?
Register for a service
About secure services
Access competitive returns with Phuka Digital Savings
All you need is your mobile phone and an Airtel Money account
What is Phuka Digital Savings?

Phuka Digital Savings is a distribution channel that enables you to invest in a unit trust - Old Mutual Interest Bearing Asset Fund - using Airtel Money wallet.

Why choose Phuka Digital Savings?

With Phuka Digital Savings you get:

  • Competitive investment returns
  • Ease and convenience - there are no forms and no waiting in line to be served. Everything is processed over the phone
  • Affordability - the minimum investment amount is MK5 000

How to invest using Phuka Digital Savings

You'll first need to register and open an Airtel Money account with Airtel Mobile Commerce Limited. Then:

  1. Dial *211#
  2. Select 5 for Financial Services
  3. Select Phuka Digital Savings
  4. Follow the step-by-step prompts to register as a client.
  5. You'll receive an SMS notification with your Phuka Investor Number within 24 hours

Need to know more?

Download the brochure and fact sheet for terms and conditions as well as additional product details.

EnglishChichewa

Frequently Asked Questions

We've answered a few of the commonly asked questions below.

Transactions are processed within 24 hours from the time of your instruction if received on a weekday. All instructions sent on a weekend or public holiday will be processed on the following business day.

The minimum investment amount is MK5 000.

The annual administration costs for Phuka Digital Savings are 4.0%. These fees are charged at fund level and are not deducted from a customer’s Phuka Digital Savings account. As a customer, you can invest and withdraw your money in part or in full with no penalties or fees.

Follow the prompts on the Phuka Digital Savings menu after dialing *211# and Selecting 5 and then 2. You will receive an SMS notification confirming your transaction.

Disclaimer

Let's talk

Share your details and we'll get in touch as soon as possible.

CancelSubmit