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What You Need To Know About Co-op Bank Salary Account

BY Soko Directory Team · November 20, 2020 08:11 am

You can now reduce your mid-month cash crisis by having access to cash advances and personal loans with Co-operative Bank Salary Account.

The Co-op Salary Account is a transactional account designed to facilitate salary processing. It’s targeted at employees.

Features Of Co-op Salary Account

  • Minimum opening balance – Nil

  • Minimum operating balance – Nil

  • No Monthly Maintenance fee

  • Salary processing fee applicable

  • Access to Loan products such as Personal Loans and Cash Advances.

  • Debit card

  • Access to a credit card.

 

Requirements For Opening a Co-op Salary Account.

Account Opening Requirements:

  • Identity card/ Passport- original and copy

  • Passport Photo (To be taken at the branch)

  • Letter of introduction from Employer/ Employment Letter

  • 600/= for the Debit Card (inclusive of Excise Duty of 20%)

  • Copy of KRA PIN

For more information on this account, follow this link to their website. https://www.co-opbank.co.ke/banking/personal-banking/personal-accounts/current-account

You can also visit any Co-operative Bank of Kenya branch for any assistance in case of any inconveniences with your salary account.

READ: Features Of Co-op Bank Current Account You Need To Know

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