Fixed Deposit Savings Account

Requirements.

1. Two passport size photographs.
2. Valid National ID (Endangamuntu).
3. Letter of introduction from the LC, Employer or utility bills copy verifying your residence.
4. Opening fee of Ugx 26,000.

Benefits.

  1. Competitive interest rates up to 16% per annum.
  2. Guaranteed interest paid out at maturity.
  3. Flexible periods of three (3) months to unlimited months.
  4. No limit on the maximum amount.
  5. Minimum deposit amount of Ugx 100,000.
  6. Fixed deposit can be used as a collateral.

Features

  1. No monthly management/service charges.
  2. Any amount can be deposited.
  3. SMS alerts for all transactions.
  4. Mobile banking services.