Hayah Simple Saver is one of the best investment plans for growing your wealth. As its name suggests, it’s a simple investment plan that allows you to save and grow steadily at a minimal cost. Featuring a range of benefits, it is managed by a global investment management leader- BlackRock. It ...read more
Hayah is a prominent name in the UAE marketplace — Simple Saver is one of its top investment plans.
This is an online plan designed to save and invest in global funds without any hassles. It allows you to save and grow wealth based on your risk appetite. It’s a portable, flexible investment plan that builds a healthy saving habit and protects you from uncertainties.
So, if you plan to invest immediately and have a low budget, this plan is worthwhile.
The key features and benefits of this plan are listed below:
Note: As it’s a market-linked plan, it's important to note that certain risks are also associated based on the market performance.
You can easily buy this investment plan on Policybazaar.ae by following these steps —
To invest in this plan, you need to fulfill certain requirements:
Eligibility |
Key Documents |
---|---|
|
|
Tabled-below are the charges associated with the Hayah Simple Saver Plan-
Charges | Amount |
---|---|
Fund management charges | 0.5% |
Asset management charges | 0.00042 - 0.00104 % |
Withdrawal charges | 20% of the invested amount (If you withdraw within 4 years of the plan) |
Note: It is important to check the associated charges while investing in this plan as these can be changed over time.
Yes, various market variables are associated with the Hayah Simple Saver investment plan.
It’s worthwhile to choose a Simple Saver investment plan as it helps you save regularly on global funds at a minimal amount.
Yes, you can withdraw your investment amount whenever you want. However, full withdrawals within four years of investment are chargeable.
If you cancel the plan in the first 4 years, 20% of the invested amount will be charged. On the other hand, no withdrawal charges are levied after completing 4 years.
It is required to invest in the plan for a minimum of 5 years and you can continue with this plan until the age of 74.