Regular Savings Account

5% p.a.

S01. Regular Savings Account (RSA)

Description

Standard savings account requiring at least 6 months of consistent saving. Ideal for members looking to build a steady savings habit with competitive interest rates.

Minimum Monthly Deposit UGX 50,000
Minimum Balance UGX 500,000
Interest Rate 5% per annum
Interest Period Annually
Maximum Withdrawals Per Year 3 times
Penalty for Extra Withdrawals 1%
Penalty for Early Withdrawal Forfeiture of interest
Additional Criteria At least 6 months consistently saving required.
Product Features
Fixed Time Deposit
Withdrawals Enabled
Daily Periodic Savings
Fixed Deposit Return
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