Term Deposits Accounts
The Riba-Free Time Deposit Account is a term deposit account with a fixed period of investment. This is designed for those individuals and corporations looking for an LCY investment that earns high returns.
The minimum investment amount is Kshs 50,000/=. The Period of investment can be 30 days, 90 days, 180 days, 365 days etc Funds are placed in a pool with other investors and the earn high and very competitive returns. Profit payment is on maturity basis. One can withdraw at maturity or reinvest for further period of your choice.