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.
Benefits
- Interest is earned on deposits
- Funds available on demand (call deposits)
- Funds on fixed deposit can be used as security against advances
Features
- 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
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