This account provides a platform for anyone with an intention to save (long term for a project) without access as withdrawal is limited to thrice a year.
Benefits
Competitive Interest rates
Easy way to save and raise money for business and projects (mradi)
Loan facility of up to 90% of Mradi deposits at reasonable interest rates payable in a maximum of 12 months.
Minimum savings plan of 3 months
Withdrawal allowed once per quarter to build deposits
This account is for parents who want to invest and secure the future of their children below 18 years. This inculcates the culture of saving in children.
Benefits
Minimum opening/operating balance of KES. 0.00
Two free statements in a year
One free withdrawal per quarter; Extra withdrawals within the quarter will attract a fee of KES. 0.00
Clients graduates automatically to Rafiki savings account after 18yrs
Free banker’s cheques for fees on school opening.
Free internal transfers (if guardian /Parent/ school is an account holder).
Requirements
Original and copy of guardian’s national ID/passport