Product Features
- Opening balance of only 1000 shillings only
- Minimum balance of 1000 shillings. Anything below this balance is charged at a fee of Kshs. 100/- per month
- Unlimited number of deposits
- 12.5% bonus is paid on interest if no withdraws are made within the year
- The account graduates to the Savings Account on 18th birthday. This means that one does not have to open an account altogether. All that changes are signatures and mandates
Benefits
- Attractive interest rates on a tiered basis is paid on a minimum monthly balance and credited to the account quarterly
- 3 free monthly withdrawals a month.
- No ledger fees
- No charge for payment of school fees (Bankers cheques, EFT, other remittances etc)
- A birthday card for the account holder
- Great discounts at various merchants. Click here for more information
Account Opening Requirements
- Certified copy of birth certificate for the child
- 2 passport size photographs of the child and parent/guardian
- Certified copy of passport/ID of parent or guardian
- Certified copy of the PIN certificate of parent or guardian
Click for Account Enquiry