Savings Account

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K-Rep Bank's Savings Account
K-Rep Bank's savings account is designed for safe deposits and unlimited access to your funds.
It is ideal for people who wish to save and earn interest on their deposits.

Benefits

  • Attractive interests
  • You can access loans against this account
  • Issuance of ATM card

Requirements

  • Two passport size photographs
  • A copy of your National Identity Card (ID) plus the original copy for verification
  • An opening amount of Ksh.500/=

Mshahara Account

Mshahara Account is a savings account for individuals who receive regular payments from their employers or any other source. The account also offers payroll services for employers.

Benefits:

  • The employee will be able to roll over the loan when they have repaid it halfway
  • The employee will have the option of off-setting the balance outstanding against the savings mobilized
  • The customer can prepay the loan without penalty charge levy
  • No monthly ledger fees
  • Issuance of ATM
  • Free quarterly statements
  • ATM available country wide

 Requirements

  • Two passport size photographs
  • Acopy of your National Identity Card (ID) plus the original copy
  • Introduction letter from your Employer
  • Copy of pin certificate

Youth Account

Youth savings account is an account for the youth where they can save for the future and borrow loans for programmes of their choice. The account can be opened by individuals, investment clubs, Groups, Companies, Churches, Schools & Colleges and Merry-go-rounds.
Benefits:

  • Attractive interest rates
  • No monthly fees
  • Issuance of ATM card
  • Access to personal and business loans
  • ATM services available country wide

Msingi Account

This is a children’s savings account with attractive rates.

Benefits

  • Attractive interests
  • No minimum balance
  • No monthly fees
  • You can access loans against this account
  • 24-hour access to his money via Kenswitch and Pesa Point ATM network countrywide

Requirements

  • Copy of birth certificate of hospital immunization card
  • Two passport size photographs of parents/guardians
  • I.D/ Passport copy of the parents/guardians

Go-Gal Account

A collaboration with Microsave and Population Council with funding from Nike Foundation aimed at  developing, testing and promotion of safe banking products for vulnerable adolescent girls. This project is geared towards social intervention other than profit making.

The main purpose of the savings account is to meet the needs of vulnerable adolescent girls (10-18yrs) to enhance financial literacy-savings and budgeting skills and improve their economic stability thus empower them.

 

Advantages

  • Go-Gal account
  • First deposit to earn interest within 3 months
  • No ledger fees
  • Wide variety of bank products for girls who turn 18 yrs
  • Fee withdrawals

For further information please visit your nearest branch or call us.

 

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