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Group Account

The Group Account is designed for formal and informal groups, allowing multiple members to save collectively. This account facilitates joint financial goals and projects, offering features such as shared access, group decision-making, and collective savings for community projects, investments, or social events.

Requirements

  • Three passport size photographs of each signatory.
  • National ID (Endangamuntu) for each signatory
  • Opening fee of Ugx 26,000=
  • Group Constitution
  • Group minutes
  • Group registration certificate

Benefits

  • No monthly charges
  • No limit on withdraws or deposits
  • Easy access to loans on your account
  • Attractive interest Rate
  • Account opening is easy and instant
  • Transactions services across all Branches
  • Quick service delivery & customer care
  • Our Business Dev’t Officers are available
  • To help you with financial solutions.

Features

  • Any amount can be deposited
  • Mobile banking service
  • SMS alerts for all transactions
  • No monthly management charges
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