A Contract Savings account mainly for specified financial goals. This product is designed to
encourage a savings culture among customers with a regular income to enable them reach a
targeted amount of savings at the end of the agreed period. The product is available in various
bands and interest is earned depending on the band the customer signs for as per the table

Period (months)                     Interest paid (p.a)

        3                                                      5%

        6                                                      7%

       12                                                    8%


  • Minimum opening balance Ugx 50,000 with flexible monthly deposits
  • Contract period of either months 3, 6 months or 12 months (to be specified by customer)
  • This account can only be operated in Uganda Shillings


  • 2 passport photos 
  • A copy of National ID/Passport