Gulf African Bank - Jisort Account

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Jisort Savings Account

Manage your cash flow with us during and after University and we’ll pay you a monthly equal instalment with profit, once you graduate, so you don’t have to stress when tarmacking for a job. This product is based on the Mudharaba contract.

  • Free internal cash transfers
  • Free incoming Standing Orders
  • A savings calculator available on the GAB Youth Banking mini-site
  • Flexible saving plan tenure with a minimum of 1 year and maximum of 5 years
  • Monthly payback to university/college graduates for a period of one year
  • High profit rate is paid to savings account
  • No withdrawal during tenure of savings plan. Upon maturity the funds are transferred to a current account
  • If withdrawal is done before maturity of savings plan, account will be migrated to current account
  • No cheque book issued.
  • Account available in Kshs, USD, GBP and Euro
  • The student should have an existing operating account
  • Nil opening balance and operating balance of kshs 500
  • Copy of National ID/Passport
  • 1 passport size photograph