Savings product
Fixed Deposit
Lock savings for a fixed term and earn more.
Term deposits of 3, 6, 12 and 24 months for members who can commit funds for a fixed period.
- Eligibility
- All members.
- Deposit frequency
- Single deposit from UGX 500,000.
- Minimum balance
- UGX 500,000
- Maximum balance
- No maximum
- Interest or dividend terms
- Interest of 6 percent for 3 months, 7 percent for 6 months, 8 percent for 12 months and 8.5 percent for 24 months.
- Withdrawal conditions
- At maturity.
- Fees & conditions
- To be confirmed