Savings Products
Save safely with Mama Bank to grow your market business, safeguard your family, and secure your children’s
The Women’s Micro Bank offers its savings products under two categories.
The savings products colored in brown are the demand deposits or transactional savings accounts where customers can do any time deposits and withdrawals. The savings products colored in grey are the term deposits where customers can save their money over a while (term) where interests will build up and can be paid upon maturity. This is an offer given to customers who have long-term goals and ambitions to achieve in the future.
Demand Deposits Savings Accounts
Flexible savings accounts that allow you to deposit and withdraw funds whenever you need.
Moni Saving / Business Account
A convenient everyday savings account that helps customers save securely while maintaining easy access to their money.
- Easy Account Opening
- Competitive Interest
- Unlimited Deposits
- Branch Network Access
Pikinini Savings Account
Encourages parents and guardians to save for their children’s future education and wellbeing.
- Low Opening Balance
- Earn Interest
- Long-Term Savings Habit
- Secure Investment
Group Savings
Ideal for churches, associations, cooperatives and community groups.
- Multiple Signatories
- Safe Funds Management
- Interest Bearing
- Flexible Deposits
Payroll Savings
Designed for salaried employees to receive their salaries directly into a Women’s Micro Bank savings account while earning interest.
- Salary credited directly
- 24/7 account access
- Interest on savings
- Easy fund transfers
Palm Saver
A savings account specially designed for palm growers and rural communities to safely build their savings.
- Flexible deposits
- Competitive interest
- Safe money management
- Accessible through WMB branches
Business Savings
A flexible savings solution for SMEs and business owners to manage surplus funds while earning interest.
- Business-friendly account
- Unlimited deposits
- Interest earning
- Secure banking
- Learn More
Term Deposits Savings Accounts
Grow your savings with fixed investment periods and attractive interest rates.
Fixed Deposit
Lock in your savings for a fixed period and enjoy higher interest returns with a secure investment option.
- Higher interest rates
- Flexible investment terms
- Guaranteed returns
- Safe investment option
Investment Deposit
An ideal solution for customers seeking long-term savings growth with competitive fixed returns.
- Competitive interest
- Secure investment
- Fixed maturity period
- Suitable for long-term goals
Premium Term Deposit
Designed for customers with larger balances who wish to maximise their investment earnings over a selected term.
- Premium interest rates
- Flexible maturity periods
- Capital protection
- Renewal options available