The Junior Savers Account is a savings account designed to provide a savings facility for parents to save for their children who have not reached 18 years of age. The account helps parents to guarantee a secured future for their children.
•    Minimum monthly contribution of Kshs. 500
•    No maximum limit on savings
•    Annual interest is computed as 70% of the prevailing Central Bank Reference rate plus a premium of 0.2% annually. This means that the current effective rate is 7.2%
•    Account tagged to a parent/guardian account
•    Account converts to full membership after saver attains 18 years of age
•    4 withdrawals annually
•    The account attracts no monthly charges or account maintenance fees
•    Children receive a birthday card during their birthdays