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Accumulate Your Savings
Fix and earn attractive interest rates
This account enables the holder to invest their funds for a future return at attractive interest rates. It's available to individuals and entities in all business segments. This Account is also accessible to non-BRAC Uganda Bank Account holders. The interest rates are based on amount and tenor fixed guided by market trends.
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Features
- Denominated in Uganda shillings (UGX) Attracts interest accrued daily
- Fixed interest rate during the maturity period
- The minimum interest-earning balance is UGX 200,000
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Benefits
- Attractive interest rates
- Balances can be pledged as security for loans
- Flexible maturity periods, minimum tenor is 30 days
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Requirements
- Customer must have a BRAC Flex account or Corporate account for entities
- Amount to be fixed not less than UGX 50,000
- Requirements for opening BRAC Flex account or corporate account can apply
- Other requirement may vary depending on whether the applicant is an individual or a legal entity like a company limited by shares, a partnership or an Association/Club /Group.