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Fixed Deposit

Fixed Deposit

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The scheme is open to members of the Society.  The minimum deposit is Kes 50,000 while there is no maximum deposit and a member can have more than one account at any time.  The amount of the fixed deposits can be used as security for loans with the Society but will not be treated as shares for borrowing purposes.  The interest rates are as follows: -

Duration of  Fixed Deposit

 

3 months

% .a

6 months

% p.a

12 months

% p.a

50,000-1,000,000 8.0% 9.0% 9.5%
1,000,001-3,000,000 8.5% 9.50% 10.0%
3,000,001-5,000,000 9.0% 10.0% 10.5%
Above 5,000,000 9.5% 10.5% 11.0%


 

ISO 9001

Banki Kuu SACCO is now ISO 9001 Certified for compliance and regulation adherence. ISO 9001 is a certified quality management system (QMS) for organisations who want to prove their ability to consistently provide products and services that meet the needs of their customers.

© 2016 BANKI KUU SACCO. All Rights Reserved.

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