Retirement Savings Account

7% p.a.

S05. Retirement Savings Account (RETA)

Description

Long-term retirement savings account for members planning their future. Accepts both monthly and bulk deposits.

Minimum Monthly Deposit UGX 50,000
Minimum Balance UGX 50,000
Interest Rate 7% per annum
Interest Period Annually
Additional Criteria Maximum savings amount depends on the member. Access to withdrawal at death, dismissal or at departure from QCIL. Accepts monthly and bulk deposits.
Product Features
Fixed Time Deposit
Withdrawals Enabled
Daily Periodic Savings
Fixed Deposit Return
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