Jipange Saving

Description

This is a savings product that allows members to save towards specific projects such as festivities, anniversaries, holidays etc.

The account earns interest of 6% per annum after actively running for at least three (3) consecutive months.
Interest is paid on a minimum balance of Kshs 10,000.
A transaction fee of Kshs 100.00 is charged for every withdrawal.
Withholding tax at prevailing rate is applicable on the gross interest earned on Jipange Savings Account.