Savings Account
This is a Special Savings Account aimed at motivating customers that fall under the microfinance and retail segments to accumulate savings for financing future investments thus enabling them to realize their dreams.
Main Features:
- Opening balance of UShs. 200,000/=
- Account monthly maintenance fees of only UShs. 1,500/=
- Minimum balance is UShs. 200,000/=
Basic Requirements:
- Account opening deposit of UShs. 200,000
- Two (2) recent passport size photos.
- Valid identification documents
- Referral by a Centenary Bank customer or any reputable person in society
Benefits:
- Attractive interest rate
- Interest paid on monthly basis
- Account can be pledged as collateral for loans
- Account balance can be topped up through making cumulative deposits
- Access to a variety of bank products e.g. SMS banking and PC banking
- Permits deposit by way of cash, wire, cheques and any acceptable means of deposit
- Permits cash withdrawal by completing a withdrawal voucher