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Children Savings Account

Children Savings

Nurture your child's financial future with a dedicated savings account that grows with them and teaches valuable money management skills.

What is a Children Savings Account?

Our Children Savings account is specially designed to help parents, guardians, and well-wishers save for a child's future while teaching them financial literacy from an early age.

Account Purpose

Secure savings for education and future expenses while building financial awareness.

Ideal For

Children aged 0-17 years, with parent/guardian as account manager.

Key Differentiator

Educational resources and special interest rates for young savers.

Children Banking Experience

Eligibility Requirements

Qualifications to open and maintain a Children Savings account

1

Minimum Opening Balance

UGX 25,000 initial deposit required to activate the account

2

Minimum Monthly Balance

No minimum monthly balance requirement

3

Age Requirement

Account must be opened for a child aged 0-17 years

4

Guardian Requirements

Must have a parent or legal guardian as account manager

5

Identification Documents

Child's birth certificate and guardian's valid ID required

Minimum Balance Comparison

Children Savings
UGX 25,000
Premium Savings
UGX 1,000,000

Interest Rate Advantage

Children
4.5%
Classic
3.5%
Premium
6.5%

Children Savings offers special rates to encourage saving from an early age