This is an investment account in which money is deposited for a stated period of time and a fixed interest rate is paid at the end of that period.
The benefits of the account are:
- Flexible deposit periods to choose from i.e. 3, 6, 9,12, 24 months.
- Interest rate of 10%p.a.
- Attractive interest rates on deposits of Ksh.1, 000, 000 and over.
- No monthly ledger and maintenance fee charged.
Account Opening Requirements:
- Minimum Balance of Kshs. 30,000.
- Original and copy of National Kenyan ID.
- Duly completed application form.