A disciplined savings account designed to help you achieve specific financial goals such as education, business, or future projects.
The Target Deposit account is designed for customers who want to save towards a particular goal with discipline and consistency. It provides attractive returns, structured deposits, and ensures you reach your financial target.
Save consistently towards a planned financial goal.
Individuals saving for school fees, weddings,etc
Structured monthly deposits with commitment periods
Qualifications to open and maintain a Target Deposit account
UGX 100,000 initial deposit required to start your savings target
Minimum commitment of 6 months with agreed monthly deposits
Regular fixed deposits required each month until maturity
Primary account holder must be 18 years or older
Valid national ID, passport, or driving license for verification
Target Deposit encourages consistent saving habits while offering higher rates than Classic Savings.