MAZAO SAVINGS ACCOUNT

This account is for Kenyans wishing to invest their money in a low risk environment. With its characteristic low account opening/minimum balance and no monthly ledger fees, as well as its attractive features and benefits, the Mazao Savings Account continues to grow in its popularity in the market as a savings option from a well established, indigenous Bank.

Account Features
To ensure that our customers' money grows and that we give them true value for money, The Mazao Savings Account boasts of the following features:

• Low account opening & operating balance of Ksh. 5,000/=
• No Monthly Charges
• No charges for incoming transfers
• Access to Online & SMS Banking for balance enquiry
• 1 FREE withdrawal per month
• Long-hour access to the Bank via the Branches as well as the Service Centres
• Free half annual statement

Account Benefits
The account holder will enjoy the following benefits:

• Personal Accident Cover*
• Credit card against amount saved*
• Interest is credited on a quarterly basis
• Bonus interest earned for non-withdrawals of 6 to 12 months
• ATM Card that allows 24-hour banking at the ATM- cash/cheque deposits, balances & mini-statements
• Long-hour access to the Bank via the Branches as well as the Service Centres
• Competitive interest rate regardless of the amount held

*conditions apply

Account Opening Requirements
a) Original and copy of your identification card or valid passport.
b) Two (2) coloured passport size photographs.
c) Original and copy of your utility bill i.e., electricity, telephone or water.
d) Letter of introduction - one (1) from an existing NIC customer or staff member. If not, please obtain two introductions from customers of other banks.
e) A minimum opening balance of Kes 5,000.00 in cash.

For further information please contact us on 2888217/229/231 or email info@nic-bank.com