BUTSACCO savings

Savings Products

Secure your financial future with our diverse range of savings options.

Our Savings Products

We offer various savings options to help you achieve your financial goals.

Voluntary Savings
Flexible savings with easy access to your funds
  • Deposit and withdraw at any time (at office or online)
  • No interest earned on this account
  • Minimum saving amount: UGX 5,000
  • Monthly service fee: UGX 500
  • Withdrawal charge depends on amount and method used
Compulsory Savings
Disciplined savings with annual withdrawal options
  • Deposit at any time
  • Withdrawals only allowed in December
  • Earns interest depending on surplus of the year
  • No fees or charges
  • Great for long-term savings goals
Fixed Savings
Maximize your returns with our fixed deposit account
  • Minimum deposit: UGX 500,000
  • No charges or fees
  • Earns interest at a rate of 10% per annum
  • Fixed period options: 3, 6, 9, or 12 months
  • Ideal for medium to long-term savings goals
Junior Savings
Secure your child's future with our junior savings account
  • For minors under 18 years of age
  • Operated by parent or guardian
  • Earns interest
  • No monthly charges
  • Withdrawals limited to twice per school term

Benefits of Saving with BUTSACCO

Discover the advantages of saving with us and how it can help secure your financial future.

Financial Security

Build a financial safety net to protect you and your family during emergencies and unexpected expenses.

Competitive Returns

Earn competitive interest rates on your savings, helping your money grow over time.

Access to Loans

Regular savings with BUTSACCO qualifies you for various loan products at favorable terms.

How to Open a Savings Account

Follow these simple steps to open a savings account with BUTSACCO.

1

Become a Member

Join BUTSACCO by completing the membership application process.

2

Select Account Type

Choose the savings account that best meets your financial goals.

3

Complete Forms

Fill out the required forms and provide necessary documentation.

4

Deposit Funds

Make an initial deposit to activate your account and start saving.