We believe there is no time like the present to secure your children’s future.That is why with this account, we teach your children how to save for their future and ensure they have fun while doing it.
With this thoughtfully created account, parents can meet financial constraints such as rising costs of education and other basic necessities through a savings plan that helps them invest wisely at very competitive rates of interest.
|Main Target Client||Minors|
|Opening Balance||UGX 50,000|
|Minimum Balance||UGX 20,000|
|Below Minimum Balance Charges||NIL|
|Debit Card Iss||NA|
|Cheque Book||No Cheque Book. Only Withdrawal across the counter|
UGX - NIL
|Special Features||NIL Charges for payment of school fees through EFT, Banker's Cheque|
|ATM Withdrawal||12.50% Bonus on Interest earned in a year with condition of No withdrawals made in a calendar year|