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Products & Services

Progress Junior Account

Progress Junior Account

The Progress Junior account is a savings account product which helps parents to save on behalf of their children below 18years. The account is operated on behalf of children/teens by parents/guardians who wish to secure the future of their kids and inculcate the habit of savings in them.

Benefits


  • A great opportunity to save for your child’s future.
  • Inculcate the habit of savings in children.
  • Competitive interest earning.
  • Educational clubs/ trips for the kids
  • Features


  • Savings account for children/teenagers below 18yrs.
  • Minimum opening balance- Ghs50.
  • Minimum monthly contribution of Ghs 20.
  • Interest earned is twice the normal savings account rate of the bank.
  • No charges on account.
  • Account can be used as collateral for loans to pay child school fees.
  • Account will be held in trust by parents/guardians until child turns 18yrs.
  • Withdrawal is permitted twice in a year.