Our Save Plus Account is an incremental savings account for future investments with embedded insurance benefits and targets low and medium savers.
Features:
- Opening balance of UGX 50,000/ USD/GBP/EUR 50
- Opening balance – UGX 50,000/ USD/GBP/EUR 50
- Minimum balance – UGX 30,000/USD/GBP/EUR 30
- Penalty below minimum – UGX 10,000/USD/GBP/EUR 2
- Account management fees – Nil
- Over the counter cash withdraw – 1 free withdraw per quarter
- Penalty for withdrawing beyond restrictions – UGX 10,000 USD6/GBP4/EUR5
Benefits:
- Attractive interest rates
- Access to insurance benefits
- Life Insurance Cover of up to four times your account balance.
- Permanent Disability Cover of up to two times your account balance.
- Medical Cash benefit in case of hospitalization for 14 days.
- Last funeral expenses.
- No Account management fees
- 1 free withdrawal per quarter
- Free enrolment on SMS
Requirements:
- Valid National ID
- Two Passport size photos
