Fixed Deposits

The Fixed Deposit Account is designed to enable you to save money for a period ranging from three months to one year. The bank also offers call deposits that can be opened for a minimum period of seven days and can be liquidated as and when required.

  • Interest is earned on deposits
  • Funds available on demand (call deposits)
  • Funds on fixed deposit can be used as security against advances
  • Currency - Kenya Shillings, US Dollars (USD), Euro (EUR) and Great Britain Pounds (GBP)
  • Minimum deposit -
    • KSH. 100,000
    • USD. 5,000
    • EUR. 6,000
    • GBP. 6,000
  • Term -
    • Fixed deposits - one month, three months, six months, one year
    • Call deposits - a minimum of seven days
  • Documentation requirement -
    • Standard account opening documents apply for new customers
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