This savings account is for the more diligent saver with higher interest rates on amounts saved.
Account features and benefits
- Minimum Opening & Operating balance of KES 5,000
- Minimum Interest earning balance KES 20,000
- Tiered Interest Rates
- Interest Paid monthly on minimum collected balance
- One withdrawal per month allowable at any branch outlet countrywide
- No monthly charges
- Cash Secured Loan against deposit *
*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
