A purely savings account and is open to Kenyans aged 18 years and above. Exclusively operated over the counter (No ATM Card) – instead account holders are issued with an account details card thus giving account holders a chance to uphold financial discipline. Access to savings is regulated; customers can enjoy the benefit of one free withdrawal per month.
- Original and copy of National ID or passport.
- Opening balance Kshs.500.
- Operating balance Kshs.5,000*.
Added advantages of operating Akiba account over other products:
- Instils financial discipline among thrift savers.
- Helps the public improve on their savings habits.
- Gives people a chance to actualize on their personal goals/aspirations.
- Assists savers to focus on wealth creation
- Affordable opening balance.
- Attractive tax free interest.
- No monthly charges.
- Fast service; no queues.
- Financial discipline – no ATM card; one free withdrawal per month.
- Access to funds in 105 branches countrywide.