- The product is available for only Members of the SACCO.
- The minimum fixed deposit is UGX 1,000,000/=
- No limit on the maximum fixed deposit amount.
- Fixed deposit account earns 6% per annum.
- Withdrawals during the fixed deposit period terminate interest to be earned.
The account has the following terms
- Minimum monthly savings is UGX 30,000/=
- The minimum savings balance is UGX 100,000/=
The account earns an interest of 6% per annum
NB: Members’ Spouses and children can now open saving Accounts
with the SACCO except that they are not yet open to Loan Facilities.
The account has the following terms
- The Parent/Guardian managing a younger savers account should be a member of the SACCO.
- Submit particulars of the beneficiaries.
- The membership fee is UGX 10,000/=
- The minimum savings amount is UGX 30,000/=
- Interest earned is 6% per annum, distributed on a quarterly basis.
- No interest is earned if any withdrawal is made before the end of the 3 months period.
