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The Junior Account is a savings account designed to provide a savings facility for parents to save for their children and is open to all children below 18years.
The account is registered in the child’s name and is linked to the parent’s account.
The opening and minimum operating balance is Kes.500
Minimum monthly contribution amount is Kes.500. This can be effected via check-off, direct deposit to any of our accounts or our mobile platform
This account earns interest at 6% p.a. Minimum interest earning deposit is Kes.5,000
Funds from this account can be used can be used as collateral for school fees loan
Partial withdrawal is acceptable while normal withdrawal from the account is permitted after every four months
This account can be accessed via USSD code *346#
Withdrawals can be done regularly.
No ledger fees