Junior Savings Account
A savings account designed to help children build a strong financial foundation for the future under the guidance of a guardian.
Overview
| Target Audience | Children and minors, with accounts operated by a parent or legal guardian. |
|---|---|
| Key Benefit | Encourages early savings habits while securing funds for future needs. |
| Minimum Balance | Not Applicable |
To Open Your Account
Please provide the following documentation:
- Photographs: Two recent passport-sized photographs.
- Guardian Identification: Valid National ID of the parent or guardian.
- Birth Certificate of the child.
- Opening Fee: One-time payment of UGX 16,000.
Account Features & Benefits
| Category | Details |
| Fees & Charges |
|
|---|---|
| Access & Conveniences |
|
| Savings & Growth |
|
| Additional Support |
|
Junior Savings Account
Requirements.
- Two passport size photographs
- Guardian's valid National ID
- Birth certificate
- Opening fee of Ugx 16,000
Benefits.
- No charges on withdrawal and deposits
- Account opening is easy and instant
- Consistent outstanding customer care
- Accumulation of savings increases future investment
- Free and instant transaction processing at all branches
- Quick service delivery
Features
- Any amount can be deposited
- SMS alerts for all transactions
- Mobile banking services
