Savings product

 

REGULAR/PLEDGED SAVINGS

  1. Monthly 50,000 Ugshs deposits for single adults.
  2. Can be used as security for loans.
  3. Minimum balance requirement of 20,000 Ugshs.

 

 

SIGHT DEPOSIT

  1. Opening with 20,000 Ugshs.
  2. NOT used as security for loans.
  3. Minimum balance requirement of 20,000 Ugshs.   

 

 

WINDSOR PLUS SAVINGS ACCOUNT

  1. It is an interest earning savings product.
  2. Interest earned is 0.5% per month i.e every 100,000 earns shs 500 per month.
  3. Interest is earned every last day of the calendar month eg after 31st, or 30th, of 28thand 29th in Minimum amount to open is shs 100,000.

  Note;   Other savings products include Group account, business account, special savings, and they don’t have minimum balances.

 

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