Teenagers Saving Account (Tesfa)

Who is eligible?

➧ Teenagers between the age of 14 and 18 and generates their own income and

➧ Others (those who do not have their own source of income) can open the account with their parents or guardians.

Features of Tesfa Teenagers Saving Account

➧ Depending on the outstanding deposit balance, progressive interest rate will be applied

➧ When the teen turns 18, the saving account shall be converted to Gubil Youth Saving account, Kibirt Women’s Saving account or ordinary saving account.