There are various types of accounts that are available, and they are detailed below. For more information on a particular account, contact us.
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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
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This
product is designed to cater for
small and medium scale entrepreneurs
who are able to save a surplus of
their income. Features include:
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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
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This
is designed for customers who wish to save on a regular basis. Features include:
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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
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The Bank has various Education related services suitable for Government and Private schools. Details available on request.
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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
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This is
a high value account suitable for
customers who wish to save a larger
part of their surplus income.
Features include:
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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
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This account is specifically designed for customers who wish to save surplus funds with a view of getting high investment returns.
Features include:
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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 |
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This product is suitable for individuals who conduct business in markets.
Features include:
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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 |