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Home - Personal Banking - Move Account - Personal Savings Accounts - NIC High Yeild Deposit
 
NIC High Yeild Deposit
This account offers big rewards in terms of interest rates for big savers.

Account Features and Benefits
  • Minimum Opening balance of KES 100,000
  • Minimum Interest earning balance KES 100,000
  • Tiered Interest Rates
  • Interest Paid Half yearly (once every six months)
  • One withdrawal every six months at any branch outlet countrywide
  • No charges for incoming transfers
  • Access to Internet Banking and Mobile Banking (View Only)
  • No Ledger Fees
  • Free bankers Cheque, TTS for the two yearly withdrawals
  • Cash Secured Loan against deposit **
  • Free half annual statement
  • Conditions apply
Account Opening Requirements
  • Original and copy of National Identification Card or valid Passport.
  • 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, (inclusive of signed General Terms & Conditions)
  • Account Opening/Minimum Balance – KES 5,000.00 (plus Kes 100.00 Stamp Duty) – NIC Saver
  • Account Opening/Minimum Balance – KES 100,000.00 (plus Kes 100.00 Stamp Duty) – NIC High Yield Deposit
 
 
 
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