SAVING DEPOSIT ACCOUNT

Earn interest by depositing money every month.

Product Features

  • Individual, Joint, Company.
  • 8.25% p.a interest rate.
  • Savings passbook (lost charges of Ks.500)
  • Ks 1000 initial deposit.
  • Ks 1000 minimum balance.
  • Ks 125 per 25 pages cheques book with stamp duty.

Required Documents

Individual / Joint

  • NRC copy
  • 2 referees
  • Form 1 for foreigners

Terms & Conditions

Deposit/Withdrawal

  • Deposit, withdrawal and balance check can be done by bringing the saving book at any branch of MOB by the account holder himself or herself or by a representative appointed by the account holder in accordance with the Bank’s rules.

Closing Account

  • The account closing can be done by returning the saving book to the branch the account was opened.
  • Interest and remaining balance will be provided to the account holder once the account closing is finished.