Individual Savings Account
This is a deposit account designed for regular savers. This account offers flexibility to meet your savings needs while giving you unlimited access to your money.
- Available to all regular income earners
- Opening balance of Ugx 35,000 only
- Earn Interest Rates On Saving
- Free account reactivation
Benefits
Features
Benefits
- Expand access to appropriate demand driven financial services.
- Provide an opportunity for members to be involved in the financial economy.
- Strengthen the savings culture.
Features
- Account Opening UgX 35,000 for individuals.
- Deposit Fees: nil
- Withdrawal Fees: nil
- Penalties : nil
- Account closing fees Ush10,000
- Dormant Account Reactivation NIL
Other optional fees: deposit booklet UgX3,000, payment voucher booklet UgX10,000
- Passbook UgX5,000
- Interest rate on savings: 3% per annum