Junior Savings Account

Be the better prepared parent who saves to guarantee their child's financial future.

Guarantee your Children’s future

Target market: Regular income Parents and Guardians

FEATURES

  • Initial Deposit: UGX 10,000
  • Minimum Balance: UGX 10,000
  • Monthly Fee: UGX 1,100
  • Interest rate & Calculation: 5% Credited monthly on the minimum balance during the month
  • Transaction Fees: N/A
  • Funds Transfer: EFT
  • Statements: 1 free per month
  • Withdrawal: 1 free  per month
  • Additional withdrawal: UGX 550

Account Opening Requirements

  • A passport photo of the parent/guardian  and the child.
  • copy of National ID/ Refugee ID
  • Proof of relationship (birth certificate or baptism card).