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Personal Banking
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There are so many things you would like to do – travel, earn a post graduate degree, buy a plot, plan your wedding, but there is little money! The GoldPlus savings scheme enables you to grow your money so you can achieve your goals. Put away a little every month, stay focused and achieve your goal without any worry. This account is ideal for customers with a regular income.
Main features
• A minimum opening deposit of Shs 100,000. • A minimum savings period of 12 months. • No withdrawals are allowed during the 12 months period. • Determine the minimum amount you wish to put away each month. • Interest is calculated at the end of month and credited to your account immediately. • There are no charges to the account. • There is no ATM access • Free standing order on any of your BANK OF AFRICA Account. • A minimum Penalty of Shs 20,000 if you withdraw from scheme before 12 months are up.
Benefits
• The Savings scheme enables you to plan ahead and achieve your goal without worrying. • Opportunity to grow your money by committing to a regular monthly saving. • There are no withdrawals so you stay focused to your financial goal. • Interest is paid every month so you actually see your money grow. • Negotiable interest rates for balances of shs50m and above. • There are no charges • Funds in your Gold Plus account can be used as collateral for a short term credit facility. • Option to save for longer than 12 months.
Account requirements
• 2 Passport Size photos • 1 referee of high repute in society, or the bank’s a/c holder • Proper identification documents ( I.D, Passport, Driving license, NSSF card ) • Initial Deposit of Ugx 100,000 |
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Commercial Banking
Complementary Services |
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All Rights Reserved. BANK OF AFRICA - UGANDA Ltd |
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