Current account for registered groups. A nil monthly charge current account suitable for registered groups that allows unlimited deposits and withdrawals.
Nil monthly maintenance or ledger fees.
Access to mobile banking through PayBill 522522, and internet banking.
Eligibility for KCB Biashara Club membership, with benefits including international trips and express counter services.
Free financial and investment advisory/training done quarterly.
Access to Tuungane investment loan of up to Kes 250 Million for capital projects (The group must convert to a limited liability company for the purpose of borrowing).
Access to cheque book at Kes 17.50 per leaf.
Groups registered with Social Services (Self Help Groups) and MSEA:
A bank representative may call you at any time to obtain further information in line with our KYC process.
At no point shall you be asked for your PIN or passwords. Remember, PIN yako siri yako.
*Charges are not inclusive of tax.
Yes. Self help groups are required to convert to limited Liability companies and allowed to borrow up to KES 250M for capital investments.
The officials are allowed to make withdrawals on behalf of the group based on the signing mandate.
Yes. The group must have a certificate of registration from the social services office to open a Tuungane Investment account.
