Centenary Bank allows customers to operate savings account and earn interest of up to 8 %.Account opening requirements and terms are as indicated below.
Savings Accounts
Are you at University and want to be financially independent ? Well, we have the solution for you ! Our CenteVolution account will help you kickstart your journey to finacial freedom .
Product features:
Opening deposit amount of UShs. 5,000
Minimum balance at Ushs.5,000
Denominated in Uganda shillings (UShs.)
Account attracts interest
No monthly maintenance fees
Account accessible at any branch
Issue of account statement
Transaction alerts
Permits deposit by way of cash, wire, cheque and any acceptable means of deposit
Access to student loans (Terms and conditions apply)
Access to ATM service and a free trendy ATM Card
Access to CenteMobile financial and lifestyle services
Access to Point of Sale (POS) service
Access to ATMs of other Financial Institutions under InterSwitch
Access to NFC (near field communications) transaction facilities
Basic Requirements:
Minimum account opening cash deposit of UShs. 5,000
Two (2) most recent passport size photos of the applicant
Valid identification document – Student ID Card, Passport, Driving License or voter’s card
Introductory letter from School Head/ Dean/Hall Warden/Students Guild
Benefits:
No Account maintenance fees
Attractive interest
Instant transaction alerts
Cash withdraw and deposit to account through Mobile money agents, using CenteMobile
Free Bank drafts for school fees payment
Free account statement issued once a quarter