Fixed Deposit Accounts

FIXED DEPOSIT ACCOUNTS

Fixed deposits are low risk investments that give higher returns compared to savings.
For our Fixed deposit accounts, tenure ranges from 3,6 and 12 months but a member can go for the call option where you  request to fix some amount and get it whenever need arises.
Our rates depend on the amount being deposited and the period choice a client shall be fixing their money with us.
A member can apply by completing a fixed deposit application form. Once account is opened, a client is given a Fixed Deposit Receipt.



    • Related Articles

    • FIXED DEPOSIT ACCOUNTS

      Fixed deposits are low risk investments that give higher returns compared to savings. For our Fixed deposit accounts, tenure ranges from 3,6 and 12 months but a member can go for the call option where you request to fix some amount and get it ...
    • How to Deposit Money to savings account through MPESA

      Kenya Bankers Sacco Paybill Number is 400444 You will need your account number. Paybill 400444 Account Number ........................ Amount 20000 enter pin Name will display Kenya Bankers KBSACCO
    • Bulk Deposit for immediate loan processing

      For any member wishing to do a bulk deposit, the waiting period after dumping funds is 3 months. Otherwise, if the member's wish is to do a bulk deposit and borrow against it immediately, then the member should first write a request to the credit ...
    • SHARE CAPITAL DEPOSIT

      Share capital is the permanent member contribution toward the Sacco capital and forms part of Sacco equity. Shares cannot be withdrawn even on exit from the Sacco but can be transferred to another willing member. The share capital earns dividend at ...
    • COLLATERAL ON LOANS

      Other than guarantors, the following can be used as security for our loans: - Self guarantee (90% of your savings). - A title deed for land within a county/Cities. (75% Forced sale Value ) - Nairobi stock securities (40% Current Market Value) - Bank ...