Joint Account
This is a savings scheme for spouses or partners who have mutually agreed to make deposits in a joint account. The partners should apply the account indicating their names, copies of their national identity cards and a passport-sized photograph for each of the applicants.
Benefits
- A secure place to save your money
- Affordable and flexible terms
- Conveniently accessible
- Earns Interest of 0.5 per month
- For savings & Transactions purposes
Features
Account opening amount is 20,000Ugx
– Minimum balance is 20,000Ugx
– No limitations on the amount to be deposited
– Interest rate is earned monthly
-Withdrawals are made twice a year
Requirements
– Identification Card can be National ID, Driving permit
– Three Passport Photos
– LC1 recommendation
-Registration fee of Ugx 20,000
-Share of Ugx10,000 @ member
-Buliding fee of Ugx 10,000 @ member