Impamba Savings Account - Equity Bank Rwanda LimitedEquity Bank Rwanda Limited

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Great features

Product Features of the Impamba Savings Account

Interest rate of up to 8% per annum
Life insurance benefit (Death or total disability): 3x the saved amount
Quarterly withdrawal option (up to 30% of total savings)
Minimum monthly savings: Rwf 5,000
Access to your funds after a 2-year lock period
Funeral cover of Rwf 500,000
Savings can be used as collateral for a loan

Why you should sign up for this product

5 Reasons Why You Should Open a Impamba Savings Account for Your Child
1. Secure your child’s education with a long-term savings plan.
2. Life insurance ensures your child’s future is protected even in your absence.
3. High-interest rates and flexible withdrawal options.
4. Peace of mind knowing your funds are safe and growing.
5. Make saving easy with automated deposits and accessible banking channels.
What you require to sign up

What You Require to Open a Impamba Savings Account
1. Completed account opening form
2. Original ID/Passport (for the account holder)
3. Child’s birth certificate (for children below 16 years)
4. Two passport-sized photos
5. Standing order setup from a transaction account (highly recommended)
6. Letter requesting a child education savings account (for the unborn child).
Additional information about the product

Signup Process
1. Visit any Equity Bank branch
2. Complete the account opening form and submit the required documents.
3. Set up a standing order for your regular savings.
4. Once your account is active, you are automatically enrolled in life insurance.

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