Target Savings Account

7% p.a.

S06. Target Savings Account (TSA)

Description

Goal-oriented savings account where members set their own target amount and timeline.

Minimum Monthly Deposit UGX 20,000
Interest Rate 7% per annum
Interest Period Annually
Penalty for Early Withdrawal Forfeiture of interest income
Additional Criteria Contribution frequency: until maturity. Target time: specified by the account holder.
Product Features
Fixed Time Deposit
Withdrawals Enabled
Daily Periodic Savings
Fixed Deposit Return
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