
Group Size
Meeting Frequency
Product Tag
Community
About This Product
The Group Account offers a structured savings solution for organized groups of up to 30 members. It promotes collective saving and provides a solid foundation for group financial activities and future borrowing from the SACCO.
Product Features
- Interest rate of 8% per annum
- Joint control with multiple signatories
- Access to group loans after 6 months of regular saving
- Regular statements and account monitoring
- Option for automatic standing orders from members
- Support for group financial planning
Requirements
- Group registration certificate
- Group constitution or bylaws
- Minutes showing resolution to open account
- List of members with signatures
- Joint account signatories (at least 3)
- Initial deposit of UGX 300,000
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0326211320
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0326211320Email Us
info@exoduspolicesacco.comVisit Us
Plot 175999, Katalima Road, Naguru, Police HeadQuaters,Kampala.
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GROUP LOAN
This is a loan product given to an organized group of members. All members in the group must hold membership in Exodus.
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