Opportunity Savings Accounts

Ordinary Savings Account


This is a transactional account for people who desire to have secure and unlimited access to their money. It is similar to a current account in a mainstream commercial bank.

MAIN FEATURES

  • Initial deposit and minimum Balance of 5,000/=
  • Minimum balance to earn interest is U. shs 10,000/=
  • One free withdrawal a month
  • More than one withdrawal in a month attracts a charge of 500/= per withdrawal
  • Monthly Ledger fee of 1,000 U. Shs
           

Ordinary Fixed Term Deposit Account


This an account aimed at those customers who want to save without withdrawing for specified periods and earn attractive interests.

 

MAIN FEATURES

  • Minimum amount is U. shs 100,000/=
  • Viable for 3, 6, 12 months
  • Premature withdrawals will cause you to forfeit interest
  • Interest is paid at the end of each contract less withholding tax
  • Ability to roll over savings after expiry period.
           

Opportunity Group Savings Account


Intended for Customers who wish to save as a Group. It is mainly applicable where there is an existing group and in situations where Customers find it expensive to bank individually.

MAIN FEATURES

  • Group registered as a CBO etc
  • Certificate of Registration from CBO/NGO board, Sub-County etc
  • A copy of the By-laws (Constitution)
  • Minimum deposit 50,000/=
  • Minimum amount to earn interest is 100,000/=
           
           

Opportunity Target Savings Account


This account has been designed to cater for Customers who have a specific target at a given date and wish to save specific amounts regularly without withdrawing it until maturity time.

MAIN FEATURES

  • Opening balance 30,000/=
  • Minimum Balance to earn interest 100,000/=
  • Viable for 3, 6, 12 months
  • Premature withdrawals will cause you to forfeit interest
  • Interest is paid at the end of each contract less withholding tax
  • Ability to roll over savings after expiry period