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Children Savings Account
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
 
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