Fixed Deposit Account

Earn higher attractive rates of interest when you set aside your savings for a longer period of time.

Features & Benefits

  • Account available for all Sacco members.
  • Account holders save as an investment (expecting higher returns).
  • Competitive interest rate.
  • Minimum fixed deposit amount of Kshs 5,000.
  • Cash deposits or direct transfers from Savings Account
  • No cheque deposits
  • Payment is by cash transfer to the Savings Account.
  • Relatively higher returns
  • Withdrawal upon maturity of contract
  • Interest forfeiture upon breaking contract
  • Account operated from domicile branch

Application Requirements

  • ID card
  • 1 passport photo
  • A duly complete account opening form.

For further information contact your Sacco Member Service representative at your nearest branch or e-mail us

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