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Mazima

A retirement savings plan for everyone especially those in the informal sector. It is licensed and regulated by Uganda Retirement Benefits Regulatory Authority (URBRA) under License No. RBS 0066 (www.ubra.go.ug).Registered as a Member-Owned Trust to maximise returns to savers.

You can make your savings whenever you want with whatever amount. There is no specific saving schedule. You can expect a higher return on your saving than the fixed deposit rate for small savers. Minimum lock-in is 12 months. If you choose to exit, your money will be processed and paid within 3 working days. Your savings are ring fenced by law as enforced by the regulator.

You must be above 18 years (Children's Account can be opened but only if the Guardian is a member). A membership fee of UGX 20,000 should be added on your first deposit after you havr and submitted your details. Your submitted details will be reviewed by a Mazima retirement plan officer and your account will be approved after you have paid your membership.Your submitted details will be reviewed by a Mazima retirement plan officer and your account will be approved after you have paid your membership.

Login details for your account will be sent to you there after.

Category : Finance

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Reviews (8)

Ste. A. Sep 25, 2019     

It has made saving more fun than ever...you save any time any amount...thank u mazima

AGA. C. D. Jun 23, 2021     

After taking a picture of my ID and signature,it has failed to sign up me. What is the problem. Isn't this a hindrance?

kis. j. Dec 17, 2018     

It is mainly best in Uganda and you can deposit your savings using mobile money but it dose not yet have mobile money withdraw you have to withdraw through the bank

Yes. I. c. Jun 4, 2020     

Not good app why is it refusing to sign up when I have internet

A. G. u. Sep 13, 2018     

Helpful app. I liked it

Sse. S. Aug 26, 2018     

Mazima Retirement Plan is a great entity worth embracing

Lin. N. Aug 16, 2017     

This is a great idea for helping people learn how to save

Amo. G. Mar 8, 2018     

First app for pensions great idea.