Serving You and Your Community Target market: Low-income Ugandans who manage a diversified portfolio of informal savings in an established leadership structure.
Guaranteed saving
Garanteed Savings
- Initial Deposit: UGX 10,000
- Minimum Balance: UGX 10,000
- Monthly Fee: Nil
- Interest rate & Calculation: 5% p.a. Credited on the minimum balance during the month.
- Transaction Fees: N/A
- Funds Transfer: Mobile banking (AirSave)
- Statements:1 free per month, UGX 1100 thereafter
- Duly certified copies of the constitution and by-laws.
- Certified copy of Certificate of registration (in case of registered entities).
- The resolution passed by the executive committee to open an account including the mandate to operate it.
- 3 account Signatories
- Photocopy of National/Refugee Identity Card
- Passport photo for each signatory of the account