Mdosi Junior Savings Account
This product instills a savings culture in your child and enables you to plan for the future of your children.
BENEFITS
- Minimum interest earning amount of 5,000
- Minimum saving of 500
- A penalty of 5% for early withdrawals
- Cash withdrawable 2 times a year, after 6 months.
- Earns Interest at 4% monthly
- End year fun day for savers with more than Kshs.20,000
- Piggy bank for accounts with more than Kshs.5,000
- Annual Birthday wishes from the Sacco
- 2 free Bankers cheque annually drawn to the school
- When minors attain 18 years, account is converted to ordinary account.
- Savings can guarantee other loans