This is a saving account designed for determined savers with limited “over the counter” cash withdrawals to 4 times a year but with unlimited deposits. Being a saving account, it has no ATM card.
- Low minimum opening balance of 100,000 Ugx
- Attractive Interest rates of up to 8%
- Unlimited deposits
- Free withdrawals for the structured 3 times in a year
- Unlimited free deposits on to account
- Free bank statement every month end
- Appealing to employees, students, small business people, social groups that are determined to earn on their savings.
- Encourages saving
- Joint savings account is allowed.
- Interest is accrued on outstanding balances at the end of the month but paid at the end of the year
- Account can be used to access credit facilities.
- Can be used to access mobile Banking services.
How you will benefit
- Age limit of 18 years and above.
- 2 passport size photos.
- Valid identification documents (National ID for Ugandan citizens).
- Minimum opening and maintenance Balance of Ugx. 100,000
- Signed Key Facts Documents
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Frequently asked Questions
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