Fixed Deposit Account
Earn 13% per annum by locking your savings for a set period
Product Overview
The Fixed Deposit Account lets members place a lump sum with Mubuga SACCO for an agreed period and earn interest of 13% per annum. It is ideal for money you will not need right away, such as savings set aside for a future project, school fees or land. Contact our office to agree the deposit period and confirm current terms.
Key Features
Interest rates, minimum deposits and account terms must be confirmed with SACCO staff.
- Interest of 13% per annum
- Lump sum deposited for an agreed fixed period
- Higher return than ordinary savings
- Minimum deposit and period options to be confirmed with our office
Suitable For
- Members with money they will not need for some time
- Saving towards a planned future expense
- Members, groups and institutions wanting a better return
How to Open This Account
Visit the Mubuga SACCO office at Nyakinama Sub-county, Kisoro District. Our staff will guide you through the requirements. Do not attempt to open accounts through unverified channels.
Frequently Asked Questions
What interest does a Fixed Deposit earn?
Fixed deposits earn 13% per annum. Confirm how and when interest is paid with our office.
Can I withdraw before the period ends?
Early withdrawal conditions must be confirmed with SACCO staff before you deposit.
What is the minimum amount and period?
Minimum deposit amounts and available periods must be confirmed with our office.