The JN Partna Plan makes it easy for everyone to save towards specific goals or meet personal expenses – back to school, Christmas, vacation etc.
- Your money is safe
- Secure Banker
- No fees
- Funds are insured by JDIC
Throw as little as $1,000 weekly and choose the time of your draw. Interest rates per annum are based on the amount saved.
You can choose the frequency of payment, i.e. weekly, fortnightly or monthly and the due dates are as follows:
| Weekly Plan | Payments are due on the same day of the week |
| Fortnightly Plan | Payments are due on the same day biweekly |
| Monthly Plan | Payments are due on the same date each month |
There is a grace period where payments must be made within 2 days of the due date.
The bonus is calculated and paid on the chosen plan and is directly related to the amount saved in each designated plan. No bonus will be paid if the number of allowable late payments is exceeded, if there are missed payments, and if the account is closed before the end of the contract period.
| Plans | Allowable Late Payment |
| 16-Week Plan | 1 late payment |
| 24-Week Plan | 2 late payments |
| 32-Week Plan | 3 late payments |
| 48-Week Plan | 4 late payments |
| Band (J$) | Rate Per Annum |
|---|---|
| 1,000 5,000.99 | 1.50% |
| 5,001 20,000.99 | 1.75% |
| 20,001 - 35,000.99 | 2.00% |
| 35,001 - 50,000.99 | 2.25% |
| 50,001 & over | 2.50% |
Applicants Residing Locally
- Full registered name and name(s) used (i.e. first, middle and last name)
- Date, place of birth and nationality
- Applicant’s crrent and previous addresses, including postal code
- Proof of your address (utility bill, receipt or other bills).
- Telephone number(s) - (home, work and mobile)
- Current and valid identification
- Tax payer Registration Number (TRN) OR Jamaican Driver’s licence bearing this number OR its overseas equivalent (Social Security Number (SSN) US Resident, Social Insurance Number (SIN) – Canadian Resident), National Insurance Number (NIN) – UK Resident
- Occupation and name of employer (if self-employed, the nature of the self employment)
- Two (2) references
- The minimum amount of J$1,000 required for opening the account
- Source of funds
* If a child below 16 years is to be added to this account, the child's Birth Certificate is required.
Applicants Residing Overseas
- Notarized copy of your valid identification (Passport, Driver's License, Alien Registration Identification Card or State Identification Card or Naturalization Certificate with Picture) *
- The minimum amount of US$1000 or its equivalent required for opening the account. Only International/Postal Money Order cheques will be accepted.
- Your completed Customer Information Form (CIF) which will be mailed to you upon submission of your full name and address to info@jnbs.com.
- Proof of your address (utility or cable bill or bank statement).
- Birth certificate (only for minors)
- International Money Orders, Postal Money Orders or Cashier’s (Manager) cheques made payable to Jamaica National Building Society. (Personal cheques or cash will not be accepted)
- A notarized letter stating the type of account to be opened, the names and signatures of the persons to be added to the account and any other specific instructions
- Each signature should be notarized separately.
- For Jamaican Immigrants who previously had a Tax Registration Number (TRN), this must be obtained.
- Tax Identification Number (TIN) or Social Security Number (SSN) are not mandatory to open a Savings account.
* If a child below 16 years is to be added to this account, a notarised copy of the Birth Certificate is required.
Please mail all documents to our Internal Processing Centre located at 2-4 Constant Spring Road Kingston 10, Jamaica W.I.
*Benefits only apply to persons residing locally. query
