Savings Products

Regular Savings Account

annually Interest

5%

Interest Rate p.a.
  • Minimum Balance UGX 500,000
  • Min Monthly Deposit UGX 50,000
  • Maturity Period 6 Months
  • Withdrawable Yes
Standard savings account requiring at least 6 months of consistent saving. Ideal for members looking...
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Welfare Savings Account

annually Interest

5%

Interest Rate p.a.
  • Min Monthly Deposit UGX 5,000
  • Withdrawable No
Non-withdrawable welfare fund to support members in times of need. Contributions support fellow memb...
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School Fees Savings (Short-term)

quarterly Interest

4%

Interest Rate p.a.
  • Maturity Period 6 Months
  • Withdrawable Yes
Short-term school fees savings plan requiring at least 6 months of consistent deposits. Funds withdr...
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School Fees Savings (Medium-term)

annually Interest

7%

Interest Rate p.a.
  • Maturity Period 24 Months
  • Withdrawable Yes
Medium-term school fees savings plan with higher interest rate. Requires 12 deposits per year with a...
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School Fees Savings (Long-term)

annually Interest

10%

Interest Rate p.a.
  • Maturity Period 60 Months
  • Withdrawable Yes
Long-term school fees savings plan with the highest interest rate. Requires 12 deposits per year wit...
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Fixed Deposit Account

annually Interest

7.5%

Interest Rate p.a.
  • Minimum Balance UGX 2,000,000
  • Min Monthly Deposit UGX 2,000,000
  • Maturity Period 6 Months
  • Withdrawable Yes
High-yield fixed deposit account with interest rates from 7-8% depending on fixing period. Minimum d...
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Retirement Savings Account

annually Interest

7%

Interest Rate p.a.
  • Minimum Balance UGX 50,000
  • Min Monthly Deposit UGX 50,000
  • Withdrawable No
Long-term retirement savings account for members planning their future. Accepts both monthly and bul...
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Target Savings Account

annually Interest

7%

Interest Rate p.a.
  • Min Monthly Deposit UGX 20,000
  • Withdrawable Yes
Goal-oriented savings account where members set their own target amount and timeline.
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Group Savings Account

annually Interest

7%

Interest Rate p.a.
  • Minimum Balance UGX 200,000
  • Min Monthly Deposit UGX 100,000
  • Maturity Period 6 Months
  • Withdrawable Yes
Savings account for groups with initial deposit of UGX 500,000. Interest applies for savings beyond...
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Share Account

annually Interest
  • Minimum Balance UGX 1,000,000
  • Withdrawable No
Member share capital account. Earns dividends at end of financial year based on cooperative performa...
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