support@qualitychemicalcooperative.com +256 200 923 581
👥 Collective Savings

Group Savings Account

High-yield savings for groups with flexible withdrawal options.

Savings Terms

Monthly Deposit: 100,000

Initial Deposit: 500,000

Growth Terms

Interest Rate: 7% p.a. (after 6 months)

Interest Paid: End of year

Withdrawal Rules:

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Maximum 3 withdrawals per year

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1% penalty on amount withdrawn for additional withdrawals

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Unlimited withdrawals if savings collateralize a loan

Account Features:

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No maximum limit on total savings

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Monthly contributions (100,000 minimum)

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Minimum balance of 200,000 maintained

Open Group Account

Minimum 3 members required to form a group

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