Youth Saving Account (Gubil)



Who is eligible? 

Any individual between the age of 18 and 25.

Features of Gubil Youth Saving Account

Debit card will be issued free of charge for students who can produce student ID as evidence;

The Bank covers half of the cost of debit card for others who cannot produce student IDs;

Access to priority Banking service for depositors
with amount exceeding ETB 500 thousand and for this special identification card will be issued;

For own business startup or expansion of existing business free business consultancy service and credit facilities will be arranged as per the Bank’s credit procedure;

The customer transacting through Gubil youth’s debit card will be beneficiary of discounts secured from the Bank’s partners;

When the account holder turns 25 years of age, the account shall be converted to ordinary saving account or Kibirt women’s saving account; and

Depending on the amount of outstanding balance, progressive interest rate will be applied.