Opening an account

Call at any of the branches located countrywide and ask for any of the products and services detailed. You shall be accorded the most effective and efficient services

Requirements

Individuals
To open an account you must have the following documents:

  • National Registration Card (NRC)
  • or a Valid passport
  • 2 passport sized photos

Associations and Sole Proprietorship

  • Certificate of Registration
  • Constitution
  • Appropriate Resolutions

Download Application Forms (.pdf)

  • Individuals
  • Sole Proprietorships
  • Associations
There are various types of accounts that are available, and they are detailed below. For more information on a particular account, contact us.

This is specially designed to give an opportunity to people with small amounts of money to save. It is suitable for urban and rural customers. Features include:

  • Opening of account allowed at all NatSave branches
  • Interest awarded June and December
  • Withdrawal every  seven (7) days
  • A card or passbook is issued to account holder
  • Very low minimum balance (currently K40,000)
  • A small amount is charged every month
  • This product is designed to cater for small and medium scale entrepreneurs who are able to save a surplus of their income. Features include:

  • Competitive interest rates
  • Low minimum balance (K50,000)
  • Interest paid twice--in June and December
  • Statements provided on request
  • Small maintenance fee charged per month
  • Card issued to customer
  • This is designed for customers who wish to save on a regular basis. Features include:

  • Low opening balance
  • Savings to be done daily, weekly or monthly
  • Statements given quarterly or on request
  • Withdrawals are allowed twice a year at NSCB branches
  • Interest paid in June and December
  • A card is issued to a customer
  • The Bank has various Education related services suitable for Government and Private schools. Details available on request.

    These are contractual accounts where a customer opens an account for a fixed period of time. The period may be 30 days, 60 days or 90 days. Features include:

  • Suitable for all types of customers
  • Attractive interest awarded at end of contract.
  • No withdrawals allowed before end of contract
  • A certificate of deposit is issued to the customer
  • This is a high value account suitable for customers who wish to save a larger part of their surplus income. Features include:
     

  • High minimum balance
  • Investment is made for a specified time
  • Interest varies with amount invested
  • Customer is issued with a certificate of deposit
  • Withdrawals allowed at the end of the contract period
  • This account is specifically designed for customers who wish to save surplus funds with a view of getting high investment returns. Features include:
     

  • High minimum balance
  • Attractive interest rates
  • Customers may borrow up to 50% of principal amount
  • Customer is issued with a certificate of deposit
  • Withdrawals allowed at the end of the contract period
  • Account can be renewed as many times as customer wishes
  • Interest may be paid upfront
  • This product is suitable for individuals who conduct business in markets. Features include:
     

  • Customers qualify for group or individual loans
  • Savings by members is on a daily basis
  • Loans maximum repayment period is 12 months
  • Easy recovery terms
  • Competitive interest rates
  • Flexible security
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