Muday Savings Account

A saving account designed for petty traders, semi-skilled workers, smallholder farmers, shoe shiners, daily laborers, and other self-employed individuals to help them accumulate savings and improve their future financial well-being.

• Customers are required to block Birr 500.00 as a security amount for the issuance of the Muday saving box used for daily or frequent small deposits.
• The Bank issues a uniquely designed passbook dedicated to the operation and monitoring of the Muday Savings Account.
• The account operates free of ATM and Point-of-Sale (PoS) charges, ensuring cost-effective usage.
• Savings collected in the Muday box must be transferred or deposited into the main Muday Savings Account every 15 days to ensure disciplined and consistent saving.