Accessing RSA Balances for Mortgages: Guidelines and Impact Explained by Stanbic IBTC's Executive Director | Nike Bajomo, Executive Director , Stanbic IBTC Holdings PLC. 00:10:00
In a recent interview, Stanbic IBTC's Executive Director of Business Development, Nicki Majumo, discussed the National Pension Commission's new guidelines allowing contributors to access 25% of their Retirement Savings Account (RSA) balances for residential mortgages. Majumo explained the eligibility criteria, the process involved, and the potential impact on retirement funds, emphasizing the convenience and benefits for contributors looking to invest in property. The discussion also highlighted the support services available through the Stanbic IBTC mobile app and customer service channels.
