U-Care
This is a savings account for Parents/ Guardians designed to support education of their worth through primary & secondary schools.
- PRODUCT FEATURES
• Opening/Operating balance of Ugx 25,000.
• Maximum number of two withdrawals per quarter.
• Penalty of Ugx 3000 for each extra withdrawal.
• Third party withdrawal is allowed (only 1 introduced third party)
• Network transaction allowed
• Lodgment of cheques and dividend warrant issued in favour of account holder allowed into account
- BENEFITS
• Interest rate of 5% payable on the account.
• Free customized welcome packages.
• School fees payment on-line.
• Credit facility availability for salary account holders.
• Free ATM Card
• Access to internet & mobile banking
- TARGET AUDIENCE
•Intending parents, parents & guardians of children in between 0 to 17yrs.
- ENROLMENT PROCESS
• Completed account opening form
• Two passport photos of account holder and beneficiary respectively.
• Birth Certificate/Immunization Card or international passport of the beneficiary.
• Valid means of identification for parent/guardian i.e. International Passport, Driver’s Licence, Voters Card accompanied with any other ID that captures prospect’s signature or Letter of introduction by a UBA account holder/Employer/Professional that is a member of a recognized body.
• Copy of Utility bill not exceeding 3 months old.




