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.