This account guarantees a fixed return on your money over a defined period.
What it offers you?
- Deposit amount is fixed during the investment period
- Interest rate is fixed during the investment period
- Funds are available on maturity
- No maximum investment amount
- You are informed of the interest payable at the time of opening your fixed deposit account
- No monthly fees charged
- Interest calculated and paid on maturity.
- Minimum investment amount of KSh20,000
- ID or passport (original and copy for new customers)
- One passport-size photo (for new customers)
- Proof of physical address (for example, a utility bill or lease agreement for new customers)
- 1 Month latest payslip/ current bank statement
- Existing customers to fill in the secondary account application form (Available at the branch)
- KRA Pin required