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Salary Savings Account

Salary Savings

An effortless savings account that allows part of your salary to be automatically saved each month, ensuring disciplined financial growth.

What is a Salary Savings Account?

The Salary Savings account is tailored for employees who want a hassle-free way to save. With automatic deductions from your monthly salary, it promotes consistency while earning attractive interest rates.

Account Purpose

Encourage employees to save directly from their salary with guaranteed consistency.

Ideal For

Salaried employees seeking an easy, structured savings solution.

Key Differentiator

Automatic monthly salary deductions and attractive interest incentives.

Salary Savings Experience

Eligibility Requirements

Qualifications to open and maintain a Salary Savings account

1

Employment Status

Must be a salaried employee with a regular income

2

Salary Linkage

Account must be linked to employer payroll for monthly deductions

3

Minimum Monthly Deposit

At least UGX 50,000 deducted from salary each month

4

Age Requirement

Primary account holder must be 18 years or older

5

Identification Documents

Valid national ID, passport, or driving license for verification

Monthly Deposit Comparison

Salary Savings
UGX 50,000
Premium Savings
UGX 1,000,000

Interest Rate Advantage

Salary
4.5%
Premium
6.5%

Salary Savings combines convenience and discipline with competitive interest earnings.