SAVINGS PRODUCTS

Saving for a child today is a wonderful gift for their future. It helps them start their adult life with some savings in hand and get involved early in saving culture.

The child scheme is a savings account designed for children below the age of 18 years.

Product Features

  • Registration fee is KES 500.
  • Minimum monthly contribution is KES 500.
  • Allowing members to access the funds to pay fees once per term.
  • The cheque is drawn in the name of the school.
  • A 14 days withdrawal notice will be required

Benefits

  • Can be used as a security for loan by the principle member.
  • On attainment of 18 years this account can be converted to main account.
  • Child Account will earn interest rate at rates equivalent to the principle account.
  • Annual access to children promotional materials.