Saving Accounts
Amigos provides different types of savings accounts to meet the financial needs of its customers. Amigos SACCO encourage its members to save regularly and to set achievable savings goals.
Saving
Time deposit
Time deposit is a special saving account where you can make a static deposit starting form 100,000ETB which will have an annual interest that starts from 10% up to 13% and or higher. Saving your money for a longer time to get a good amount of interest withdraw every month, 3 months or 6 months.
Voluntary Saving
Saving is a culture for ambitious people who plan their future early. You can assure a great chance of success in your future by saving money. Start saving today using our voluntary saving service.
Children Saving
Amigos Savings and Credit Cooperative is proud to provide a Children's Saving Service for children. Our service allows children to open savings accounts with no minimum balance requirements, and earn interest on their savings. The service encourages children to have good saving habits and teaches them the importance of saving. They can monitor their savings grow over time and use the money for future goals like education, starting a business, or buying a car. They can also withdraw money from their account at any time.
House Saving
Amigos SACCO offers a Home Savings Account with an interest rate of 7% per annum. Members can open the account with a minimum deposit of Birr. 1,000 and make regular deposits at their convenience. Withdrawals from the account are restricted to once every quarter.
Business Saving
If you plan to start a business in the near future, you can now start by saving money for the starting capital. And Amigos’ Business saving account is a way to do it.
Vehicle Saving
A Car Savings Account is a special savings account designed to help members save for a car. Amigos SACCO offers a Car Savings Account with an interest rate of 7% per annum. Members can open the account with a minimum deposit of birr, 1,000 and make regular deposits at their convenience.
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