Savings
Interest Rate
9.00% to 11.00% p.a.
Minimum Balance
2,000,000
Product Tag
Term: 12 months
About This Product
The BOOM/Fixed Deposit account is a high-yield savings option that enables members to earn substantial interest income on lump sum deposits. It provides competitive returns for members looking to grow their savings over a fixed term.
Product Features
- Must be a registered SACCO member
- Minimum period - 6 months
- Minimum deposit of UGX 2,000,000
- Member Contributes monthly
- Member withdraws upon maturity
- interest is computed monthly and compounded
- Member forgoes interest benefit in case he withdraws before maturity
- Voluntary
Requirements
- Must be a registered SACCO member
- Minimum period - 6 months
- Minimum deposit of UGX 2,000,000
- Member Contributes monthly
- Member withdraws upon maturity
- interest is computed monthly and compounded
- Member forgoes interest benefit in case he withdraws before maturity
- Voluntary
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0326211320
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Plot 175999, Katalima Road, Naguru, Police HeadQuaters,Kampala.
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