Save Today, Build the Future You Want
From everyday savings to dedicated accounts for school fees and your children, Rwakyakibunya SACCO gives you a safe place to grow your money. Your savings earn interest and open the door to affordable credit.
An Account For Every Goal
Whatever you are saving for, there is an account built around it. Open one at any of our branches or manage it from your phone with MSACCO.
Voluntary Savings Account
A flexible everyday account with no fixed commitment, so you save at your own pace while keeping your money safe and within reach.
- Withdraw anytime, no limit
- Minimum balance UGX 10,000
- 0.5% interest, paid monthly
- No monthly ledger charges
Compulsory Savings Account
Attached to your loan, this account builds your standing as a member and strengthens the security behind your borrowing.
- 4% of your loan amount
- Free to deposit more, anytime
School Fees Collection Account
Set money aside for your children's education and draw on it when fees fall due, so school time arrives without last minute pressure.
- Withdraw anytime, no limit
- Minimum balance UGX 10,000
- 0.5% interest, paid monthly
Junior Account
A savings account for children, opened as an easy way to build a saving habit early and plan ahead for their future.
- No initial deposit required
- 0.5% interest, paid monthly
- No monthly charges
Step Up Savings Account
A goal based account for members who want a structured way to build their savings over time.
- No initial deposit required
- Opening fee of UGX 18,000
What You Need To Open An Account
Whether you are joining as an individual or on behalf of a group, institution, school or company, here is what to bring to your nearest branch.
Individual Members
Total opening cost: UGX 62,000- Photocopy of National ID, Passport or Driving Permit
- Two passport photos, plus one for your next of kin
- Registration fee, UGX 15,000
- Minimum share, UGX 20,000
- Initial deposit, UGX 12,000
- Bereavement fee, UGX 12,000
- Passbook, UGX 3,000
Groups, Institutions, Schools & Companies
Total opening cost: UGX 65,000- Photocopies of National ID for all signatories
- Two passport photos for each signatory
- A copy of your constitution
- Minutes clearly indicating a resolution to open an account
- Opening fee, UGX 65,000
Your Savings Work Harder Here
You Earn Interest
Unlike many institutions, the money you save with us earns 0.5% interest every month.
Licensed by UMRA
We are fully licensed and regulated, so your savings are safe and professionally managed.
Access On MSACCO
Deposit, withdraw, and check your balance from your phone, anytime, even on public holidays.
Unlock Affordable Credit
Saving with us strengthens your standing and improves your access to loans when you need them.
Ready To Start Saving?
Opening a savings account is quick and simple. Visit your nearest branch with your National ID and a passport photo, and our team will help you get started.
Open an Account Today