Skip to content
Entrepreneur's Corner

NCBA Now Is No Longer “Just An App” But An Investment App

BY Juma · June 1, 2023 11:06 am

KEY POINTS

The uniqueness of the NCBA Now App lies in its ability to allow those with a nose to invest in the Unit Trusts managed by NCBA to invest, grow and monitor everything without leaving their comfort zones.

KEY TAKEAWAYS

Unit Trust Funds are collective investment schemes regulated by the Capital Markets Authority that pool investors’ money into a single fund. The funds are then channeled into various professionally managed investments.

Every bank in Kenya has a mobile app. All of them have apps but few have what really defines a mobile banking app that suits the needs of their customers. Most banking apps only allow customers to transact, that is; withdrawing and depositing cash. And that is it.

You haven’t interacted with a great banking app until you come in contact with the NCBA Now App. This is more than “just a banking app.” It is an app that I consider suitable for entrepreneurs within and without the country and for those keen on growing their cash.

Related Content: 25 Reasons Why NCBA PLC Is A Good-Listed Brand On The NSE To Invest In As The Economy Recovers

Apart from all the other amazing banking and transaction features that the app has (one you can get in any other banking app), the uniqueness of the NCBA Now App lies in its ability to allow those with a nose to invest in the Unit Trusts managed by NCBA to invest, grow and monitor everything without leaving their comfort zones.

NCBA Bank Kenya was able to integrate their NCBA Unit Trust Funds into their  Mobile Banking App, NCBA Now.

Unit Trust Funds are collective investment schemes regulated by the Capital Markets Authority that pool investors’ money into a single fund. The funds are then channeled into various professionally managed investments.

Related Content: NCBA, Strathmore Business School, Partners To Empower SMEs

With this new capability, NCBA Bank customers will be able to enjoy services such as:

  • Register /Create a New Unit Trust Portfolio.
  • Link an existing Unit Trust Portfolio via the App.
  • Create a sub-portfolio account. This is an additional portfolio to an already existing one.
  • Initiate Top Up Transfers into either the NCBA Fixed Income Fund, the NCBA Dollar Fixed Income Fund, or the NCBA Equity Fund.
  • Issue Liquidation (withdrawal) requests from either the NCBA Fixed Income Fund, the NCBA Dollar Fixed Income Fund, or the NCBA Equity Fund.
  • View and download statements for either NCBA Fixed Income Fund, NCBA Dollar Fixed Income Fund, or NCBA Equity Fund.
  • View their current balances for either the NCBA Fixed Income Fund, the NCBA Dollar Fixed Income Fund, or the NCBA Equity Fund.

Related Content: NCBA Bank Among Top Stocks on the Nairobi Stock Exchange To Buy Today

Joining the service is easy. For existing NCBA Now Mobile Banking users, simply update your App from the Playstore or Apple Store and start investing.

Below are the steps to be followed;

  • Visit either the playstore/AppStore to update the NCBA NOW app
  • Once updated log into the NCBA NOW app using your existing pin.
  • Click on more options on the bottom right of the Landing page
  • Access the Invest Now option to begin your investment journey

Related Content: NCBA To Offer Laptop Financing To Dedan Kimathi University Students

If not registered on NCBA Now Mobile banking, kindly visit your nearest NCBA Branch to register for the service and download the App from the Playstore or AppleStore.

To complete the setup and activation please call our Contact Center via Mobile 254 0711 056444 / 254 0732 156 444 or email; ccchannelsupport@ncbagroup.com.

Read More:

To update your National ID /Passport Number, KRA PIN Number, Email Address, and Telephone details were held with both NCBA Bank Kenya PLC and NCBA Investment Bank, visit the nearest NCBA branch or update on https://selfservice.ncbagroup.com/ If your data with us is already updated no further action will be required from you.

Related Content: NCBA Expands To 88 With Opening Of Kenol And Muranga Branches

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

Trending Stories
Related Articles
Explore Soko Directory
Soko Directory Archives