Savings Plans
UGX 25,000
Minimum monthly saving to remain a participating member
Zero
Hidden charges. What you see is what you get.
Dividends
Members share annually in the profits the fund generates.
──── Overview
Flexible options with attractive returns.
Every member’s savings balance earns a return while it sits, contributes to a fund that finances low – interest loans for the membership, and builds the record that determines how much you are able to borrow when the time comes.
Minimum monthly saving
UGX 25,000
UGX 10,000
- Profit sharing
Annual dividend
──── What we offer
Everything built into a Songa savings plan.
Simple terms, a real return, and a direct line to the credit you may need in future.
Attractive interest
Interest applied to your savings balance, so your money keeps accumulating constantly with no hindrances.
Annual dividends
Members share the profits the fund generates.
Flexible contributions
Save from UGX 25,000 a month, with no upper limit, by standing order, salary deduction or at the office.
Stronger loan eligibility
A consistent savings record directly strengthens your standing when you apply for a loan.
Agreed withdrawal terms
Withdrawal terms are set out as per member agreement, so you know where you stand from day one.
One-time registration
A single UGX 10,000 registration fee opens your savings plan — no recurring account charges.
──── Why choose this service
Built to reward the discipline of saving.
Unlike a traditional deposit account, a Songa savings plan ties your discipline directly to your benefits: the more consistently you save, the stronger your loan eligibility and the larger your share of the fund’s annual profit.
- Save from UGX 25,000 a month, with no upper limit on contributions
- Attractive interest applied to member savings balances
- Annual profit-sharing - dividends paid to members
- Your savings record directly strengthens your loan eligibility
- Contribute by standing order, salary deduction Songa Deposit Counter
