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Account Features and Benefits

  • Minimum opening balance of KES 2,000
  • Minimum operating balance requirements
  • Free Incoming salary transfer
  • Free NIC ATM Cash withdrawals, Cash & Cheque deposits
  • One free bankers cheque/banker’s draft every month
  • Three Free Cheque books per annum
  • Unlimited monthly standing orders/direct debits/EFTs
  • Telephone banking through the Call Centre
  • Mobile Banking with M-PESA transfer facility of up to KES 140,000/day
  • Transactional Internet Banking through NIC Online
  • Free Monthly statements via post or email
  • Free local transfers to Savings or Young Mover’s accounts
  • Access to Pesapoint ATMs
  • Free Account Opening Welcome Pack
  • A maximum of KES 40,000/= withdrawal per day from any NIC ATM, withoption to draw more on customer’s requests.
  • Access to NIC Gold Corners at selected branches
  • Access to an International Gold Credit Card
  • Access to an International VISA PLATINUM Debit Card
  • Preferential Interest rates
  • Preferential Forex rates above certain threshold
  • Negotiated Deposit rates above KES 2.0M
  • Preferential Pricing on Personal and Home Loans
  • Stock trading through NIC Capital Securities
  • Access to Daily Market bulletins
  • No transaction fees if minimum monthly balance of KShs 1,000,000 is maintained throughout the period
  • Dedicated Personal Relationship Manager

Account Opening Requirements

  • Original and copy of National Identification Card or valid Passport.
  • Introductory Letter from Employer – Salary Account.
  • Latest Payslip – Salary Account.
  • Introduction by Referee (NIC Bank Account Holder).
  • Original and copy of your Current Utility Bill.
  • Copy of PIN certificate
  • One (1) Colour Passport Size Photo.
  • Duly completed and signed Account Opening Application Form, (inclusiveof signed General Terms & Conditions) Account Opening Balance – KES

    2,000.00 (plus KES 100.00 Stamp Duty)