Junior Savings

The Junior Account is a savings account designed to provide a savings facility for parents to save for their children and is open to all children below 18years.

The account is registered in the child’s name and is linked to the parent’s account.

The opening and minimum operating balance is Kes.500

Minimum monthly contribution amount is Kes.500. This can be effected via check-off, direct deposit to any of our accounts or our mobile platform

This account earns interest at 6% p.a. Minimum interest earning deposit is Kes.5,000

Funds from this account can be used can be used as collateral for school fees loan

Partial withdrawal is acceptable while normal withdrawal from the account is permitted after every four months

This account can be accessed via USSD code *346#

Withdrawals can be done regularly.

No ledger fees