Savings product
Group and Cluster Savings
Joint savings that secure a cluster's collective investment.
Joint savings of enterprise groups and Graduate Enterprise Clusters, used as collective security for cluster loans.
- Eligibility
- Registered enterprise groups and clusters.
- Deposit frequency
- From UGX 100,000.
- Minimum balance
- UGX 100,000
- Maximum balance
- No maximum
- Interest or dividend terms
- Interest of 4.5 percent per annum.
- Withdrawal conditions
- By group resolution.
- Fees & conditions
- To be confirmed