Ordinary Savings Account
Requirements.
- Two passport size photographs.
- Valid National ID (Endangamuntu).
- Letter of introduction from the LC, Employer or utility bills copy verifying your residence.
- Opening fee of Ugx 26,000.
Benefits.
- No monthly charges.
- No charges on withdraw and deposits.
- No limit on withdraw or deposits.
- Account opening is easy and instant.
- Consistent outstanding customer care.
- Easy access to loans on your account.
- Encourages savings that are immediately available.
- Accumulation of savings thus increased future investment.
- Free and instant transaction processing at all branches.
- Quick service delivery.
- Attractive interest rates.
Features
- No monthly management/service charges.
- Any amount can be deposited.
- SMS alerts for all transactions.
- Mobile banking services.
Ordinary Savings Account
A simple, fee-friendly account to grow your savings with easy access.
Overview
| Target Audience | Individuals seeking a straightforward, no-fuss savings solution. |
|---|---|
| Key Benefit | No monthly charges and unlimited free transactions. |
| Minimum Balance | Not Applicable |
To Open Your Account
Please provide the following documentation:
- Identification: A valid National ID (NIN).
- Photographs: Two recent passport-sized photographs.
- Proof of Address: A letter from your Local Council (LC) or employer, or a copy of a recent utility bill.
- Opening Fee: A one-time payment of UGX 26,000.
Account Features & Benefits
| Category | Details |
| Fees & Charges |
|
|---|---|
| Access & Conveniences |
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| Savings & Growth |
|
| Additional Services |
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