Kingdom Bank Now Giving Up To 15% Interest On Savings

By Soko Directory Team / Published April 2, 2024 | 9:57 am



investor

As the year 2024 snails on, many have already started accomplishing some of their New Year’s resolutions, of course, savings being one of them. Others have not started for reasons that might be beyond their power.

Life has become unpredictable with the prevailing challenging economic times in Kenya. School fees for the kids, daily basic needs, and unexpected medical emergencies, to name a few are hitting hard on millions of Kenyans.

It is only through saving for the unforeseen future that Kenyans can manage to meander through the stormy waters of economic challenges. But how many people are saving? Do people know where they should save?

There is no doubt that building savings is not easy but with commitment and discipline, one can watch their savings grow. To help Kenyans save more and grow more, Kingdom Bank is rewarding customers with an attractive interest rate of up to 15 percent on accumulated savings of as low as 50,000 shillings.

Read Also: Kingdom Bank Invests In Farmers And Other Agriculture Players In Support Of Sustainable Economic Growth

All a Kenyan must do is open an account and fix their savings on either call or for 1 month, 3 months, 6 months, 9 months, or 12 months. With their banker, they can negotiate a favorable interest rate that allows them to earn interest at exciting rates.

The reliability of Kingdom Bank lies in the fact that the bank has a network of 19 branches and growing complemented by its digital banking solutions which include the USSD code *344#, the KB Mobile App which is available to all Android and iOS users, an online banking platform referred to as DigiLife and an extended network of Co-operative Bank’s ATMs and Co-op Kwa Jirani Agents countrywide which allow customers to have round the clock access to their accounts.

Get more information on this here https://www.kingdombankltd.co.ke/accounts/kingdom-bank-fixed-deposit-account/

Read Also: Kingdom Bank Launches Faidi Dada, A Product For Women Only




About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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