Owning a home is the dream of many Ghanaians. That’s why we are excited to introduce the Databank Housing Account (DHA). DHA is an investment product specially designed to help Ghanaians invest towards acquiring land or buying a house. Additionally, DHA offers a range of benefits including low fees, monetary rewards when you hit certain milestones and many other exciting rewards. We look forward to partnering with you on your housing journey. Keep reading to learn more…
The Databank Housing Account helps you move from being a tenant to becoming a homeowner, or even a landlord.
As you remain committed to investing, you can enjoy the peace of mind that comes from owning your own home.
You are able to take practical and sustainable investment steps that will help you raise the capital you need to finance your mortgage, buy property or build your house from scratch.
All funds deposited under the Databank Housing Account will automatically be invested in Databank MFund. To learn more about MFund, please read the Scheme Particulars.
GHC 500
GHC 100
Direct debit must be set up although you can also make additional ad-hoc deposits.
Funds must stay invested for a minimum of 5 years. There is no withdrawal fee for any request received after the 5-year anniversary of the account.
While the recommended holding period for the Databank Housing Account is a minimum of five (5) years, you can place a withdrawal request on your account at any time. Please note, however, that if you withdraw before 5 years you will forfeit the additional benefits that are unique to DHA. You will receive proceeds of your withdrawal after one (1) business day of a withdrawal request.
Each deposit into the Databank Housing Account attracts a front-load fee of 0.5%.
Periodic seminars will be organized for all DHA clients by Databank in collaboration with real estate and mortgage companies, etc.
Housing appreciation prizes of GHC 1,500 to 3 or more investors selected randomly each year towards their overall target (please note that accounts on which withdrawals have been done in the first 5 years will not be eligible for this prize).
• Open a Databank Housing Account at any Databank location (19 locations to choose from)
• Complete the form at the bottom of the page and email to info@databankgroup.com
• Completed Databank Housing Account application form
• Amount of money to be invested
• Valid photo ID (e.g., Passport, Driver’s license)
• 2 passport size photographs
• Proof of address (e.g., electricity bill, Google map printout, Ghana Post code)
USSD:
• *6100#
• *737*100#
• *422*400#
• *790*100#
Partner banks:
• Absa Bank
• Access Bank
• Fidelity Bank
• GCB Bank
• GTBank
• Standard Chartered Bank
• UBA
• Zenith bank
Online:
• Visa or Mastercard - click the Digital Services tab to top up
• Mobile App (Search for Databank Group on the Google Play Store or App Store)
The Databank Housing Account is an investment package designed to help Ghanaians invest toward the purchase or construction of a home.
The minimum investment amount required to sign up is GHC 500. The minimum amount for a monthly top up is GHC 100.
Housing appreciation prizes of GHC 1,500 to 3 or more investors selected randomly each year towards their overall target (please note that accounts on which withdrawals have been done in the first 5 years will not be eligible for this prize).
Investments made into the Databank Housing Account will be automatically invested in MFund. MFund is a short-term investment product designed to preserve your capital through investments in high-yielding, high quality fixed income securities. For more information on MFund, visit www.databankgroup.com
The recommended holding period for the Databank Housing Account is five (5) years. As such, please note that if you withdraw before 5 years you will forfeit the additional benefits that are unique to DHA.
To help you invest towards your house, we will do the following:
• Determine a target amount and date (Minimum duration is 5 years)
• Determine the monthly contribution required to reach the goal in time.
• Get you registered for direct debit to enable monthly deductions from your bank account
Yes, you would need to open a new account for the Databank Housing Account.
You can top up at any of our 19 locations or
• USSD codes: *6100# (MTN/ Vodafone), *737*100#, *790*100#, *422*400#
• Partner Banks: Absa, Access, Fidelity, GCB, GTBank, Standard Chartered, UBA and Zenith Bank
• Online: Digital Services at www.databankgroup.com
• Mobile App (Available on the Google Play Store or App Store)
To sign up, you will need to complete a Databank Housing Account opening form. The forms are available at any Databank location or at www.databankgroup.com
You can place a withdrawal request on your account at any time. Please note, however, that if you withdraw before 5 years you will forfeit the additional benefits that are unique to DHA. You will receive proceeds of your withdrawal after one (1) business day of a withdrawal request.
The Databank Housing Account helps you move from being a tenant to becoming a homeowner, or even a landlord.
As you remain committed to investing, you can enjoy the peace of mind that comes from owning your own home.
You are able to take practical and sustainable investment steps that will help you raise the capital you need to finance your mortgage, buy property or build your house from scratch.
All funds deposited under the Databank Housing Account will automatically be invested in Databank MFund. To learn more about MFund, please read the Scheme Particulars.
GHC 500
GHC 100
Direct debit must be set up although you can also make additional ad-hoc deposits.
Funds must stay invested for a minimum of 5 years. There is no withdrawal fee for any request received after the 5-year anniversary of the account.
While the recommended holding period for the Databank Housing Account is a minimum of five (5) years, you can place a withdrawal request on your account at any time. Please note, however, that if you withdraw before 5 years you will forfeit the additional benefits that are unique to DHA. You will receive proceeds of your withdrawal after one (1) business day of a withdrawal request.
Each deposit into the Databank Housing Account attracts a front-load fee of 0.5%.
Periodic seminars will be organized for all DHA clients by Databank in collaboration with real estate and mortgage companies, etc.
Housing appreciation prizes of GHC 1,500 to 3 or more investors selected randomly each year towards their overall target (please note that accounts on which withdrawals have been done in the first 5 years will not be eligible for this prize).
• Open a Databank Housing Account at any Databank location (19 locations to choose from)
• Complete the form at the bottom of the page and email to info@databankgroup.com
• Completed Databank Housing Account application form
• Amount of money to be invested
• Valid photo ID (e.g., Passport, Driver’s license)
• 2 passport size photographs
• Proof of address (e.g., electricity bill, Google map printout, Ghana Post code)
USSD:
• *6100#
• *737*100#
• *422*400#
• *790*100#
Partner banks:
• Absa Bank
• Access Bank
• Fidelity Bank
• GCB Bank
• GTBank
• Standard Chartered Bank
• UBA
• Zenith bank
Online:
• Visa or Mastercard - click the Digital Services tab to top up
• Mobile App (Search for Databank Group on the Google Play Store or App Store)
The Databank Housing Account is an investment package designed to help Ghanaians invest toward the purchase or construction of a home.
The minimum investment amount required to sign up is GHC 500. The minimum amount for a monthly top up is GHC 100.
Housing appreciation prizes of GHC 1,500 to 3 or more investors selected randomly each year towards their overall target (please note that accounts on which withdrawals have been done in the first 5 years will not be eligible for this prize).
Investments made into the Databank Housing Account will be automatically invested in MFund. MFund is a short-term investment product designed to preserve your capital through investments in high-yielding, high quality fixed income securities. For more information on MFund, visit www.databankgroup.com
The recommended holding period for the Databank Housing Account is five (5) years. As such, please note that if you withdraw before 5 years you will forfeit the additional benefits that are unique to DHA.
To help you invest towards your house, we will do the following:
• Determine a target amount and date (Minimum duration is 5 years)
• Determine the monthly contribution required to reach the goal in time.
• Get you registered for direct debit to enable monthly deductions from your bank account
Yes, you would need to open a new account for the Databank Housing Account.
You can top up at any of our 19 locations or
• USSD codes: *6100# (MTN/ Vodafone), *737*100#, *790*100#, *422*400#
• Partner Banks: Absa, Access, Fidelity, GCB, GTBank, Standard Chartered, UBA and Zenith Bank
• Online: Digital Services at www.databankgroup.com
• Mobile App (Available on the Google Play Store or App Store)
To sign up, you will need to complete a Databank Housing Account opening form. The forms are available at any Databank location or at www.databankgroup.com
You can place a withdrawal request on your account at any time. Please note, however, that if you withdraw before 5 years you will forfeit the additional benefits that are unique to DHA. You will receive proceeds of your withdrawal after one (1) business day of a withdrawal request.
