SAVINGS PRODUCTS
ORDINARY SAVINGS ACCOUNT
This is a withdrawal deposit account that can be used as both a savings and transactional account.
Features
- No ledger fees
- No minimum balance
- Salary can be processed through this account
- Mobile banking and ATM transactions enabled
FANIKISHA SAVINGS ACCOUNT
It is meant for business people.
Features
- No ledger fees
- No minimum balance
- Mobile banking and ATM transactions enabled
GROUP / WELFARE / CHAMAS SAVINGS ACCOUNT
This account is for Chamas, welfare groups, youth groups.
Features
- No ledger fees
- No minimum balance
- No registration fees
- Withdraw-able by group officials
JUNIOR SAVINGS ACCOUNT
It helps children develop savings culture and plan for their future.
Features
- No ledger fees
- Minimum balance KES 500
FIXED DEPOSIT ACCOUNT
It is for short-term deposits and targets members with large sums of money for investment.
Features
- Minimum amount = Ksh
- 40,000
- No maximum amount
- Durations= 3 months, 6 months, 9 months, 12 months
- Interest of 9% per Anum
- Guaranteed returns as per the deposit contract
- Open to re-investment upon once matured