SAVE PLUS ACCOUNT

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

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