Key Features:

• Target Setting: You define a specific amount you want to save and a timeframe (usually 3-12 months).
• No minimum operating balance after account opening
• Free monthly e-statements
• Integrated with mobile Money for convenient transactions.

Goal Achievement:

• The account helps you save toward a specific goal, such as a holiday, down payment, or investment.
• This product promotes banking services to youths especially students in colleges, universities, tertiary, and other education institutions.

Product Features & Benefit

• Account opening and minimum balance is Zero
• 4% interest if no withdrawal is done in the year
• 3% interest subject to 1 withdrawal per quarter. No interest if withdrawal is done more than once in a quarter
• Free funds transfer for school fees payment within Uganda
• No monthly maintenance fees
• Withdrawal is at the end of the tenor/ savings plan (minimum of 6 months)
• 70% of your savings can be your collateral for loan with friendly interest rates and terms