Start saving for your children's education today.
An education‐specific savings account opened in the name of the beneficiary and designed to support education through primary, secondary school and tertiary education.
Features and Benefits
Eligibility
Documents
Features and Benefits
- Very low minimum opening balance
- Convenient way to save small amounts for the child’s education
- Competitive interest rate
Eligibility
- Secondary School Students
- High School Students
- University Students
- Students in Tertiary
- Institutions
- Parents with minors who wish to save for their children’s future
Documents
- Copy of valid NIC
- 02 Photos 4×4 size
- Birth certificate
- Location plan or utility bill
a) Minors
- Valid Identification of Parents/Guardian – National Identity Cards or Passport
- Child’s birth certificate
- 4 passport size photographs per Child and per Parents
- Address Verification
- Receipt/evidence of utility bill e.g. water, electricity, etc
- Alternative of utility bill can be a localization plan
- Initial deposit of at least XAF 5,000
b) Students
- Copy of valid NIC
- 02 Photos 4X4 size
- Student ID or any other proof
