- Account can be opened with a minimum amount of K100,000, and there is no limit in the amount
- 7.00% p.a interest for 30 days deposit.
- 7.10% p.a interest for 60 days deposit.
- 7.35% p.a interest for 90 days deposit.
- 7.60% p.a interest for 180 days deposit.
- 7.80% p.a interest for 270 days deposit
- 8.00% p.a interest for 365 days deposit (below 100 million)
- 8.25% p.a interest for 365 days deposit (100 million – below 500 million) and
- 8.50% p.a interest for 365 days deposit (above 500 million) will be offered.
Opening of Accounts
Accounts can be opened either individually or jointly by two or more account holders under the name of companies / organizations.
Withdrawal
Upon maturity, both principal and interest can be withdrawn.
Loans
Loans can be taken out by putting up deposit accounts (bank books) as collateral.
Joint Account Holders
In the event of the death of one of the joint account holders, the bank will close the joint account and allow the joint holder(s) to withdraw the money unless the bank has not been directed otherwise.
Standing with you Business Banking
LOANS
Overdraft
Agricultural / Livestock breeding loans, Hire / Purchase Medium-term/Long-term loans and Project loans.
SME
Short-term
financing to the everyday operations of a business such as sales and marketing, product development, wages and other activities.
INTERNAL REMITTANCE
We
can offer a more convenient and faster remittance to owns were there are their branch banks.
Payment Order
Commission
is collected pyas 10 for K 100, and the commission ranges from K 100 to K 30,000.