Truly Halal and Absolutely Riba-Free!
Teach good habits from a young age, and they will remain for a lifetime. With the Children's Saving Account from Gulf African Bank, your children can learn the benefits and pleasure of saving for themselves.
Benefits
Free cash transfers within our GAB branches
-
Free interim statements
-
No ledger fees
-
Free standing order from accounts within GAB
-
Profit paid into account annually
-
Celebrate birthdays with card and a gift from the Bank
Requirements
Minimum opening amount Kshs 1,000
-
Minimum operating balance Kshs 1,000
-
Two passport size photographs of parent/guardian
-
Copy of birth certificate of child
-
Copy of ID of the parent/guardian
-
Copy of PIN Certificate of parent/guardian
-
Introduction letter from a person operating a valid account or copy of latest utility bill/proof of residence
Note - Profit paid into account monthly provided that the account balance is above Kshs 10,000