A retirement savings plan for everyone especially those in the informal sector. It is licensed and regulated by Uganda Retirement Benefits Regulatory Authority (URBRA) under License No. RBS 0066 (www.ubra.go.ug).Registered as a Member-Owned Trust to maximise returns to savers.
You can make your savings whenever you want with whatever amount. There is no specific saving schedule. You can expect a higher return on your saving than the fixed deposit rate for small savers. Minimum lock-in is 12 months. If you choose to exit, your money will be processed and paid within 3 working days. Your savings are ring fenced by law as enforced by the regulator.
You must be above 18 years (Children's Account can be opened but only if the Guardian is a member). A membership fee of UGX 20,000 should be added on your first deposit after you havr and submitted your details. Your submitted details will be reviewed by a Mazima retirement plan officer and your account will be approved after you have paid your membership.Your submitted details will be reviewed by a Mazima retirement plan officer and your account will be approved after you have paid your membership.
Login details for your account will be sent to you there after.