Trustee Service

Using our trustee services , MOB, as a trustee , holds funds of the customers and by using these funds for the benefit of another individual or group, the customers will earn interest.

Product Features

• Can open a trust account for an individual (or) Joint, an association , a Fund , a monastery or a company.
• Trustee service periods may be 3 months, 6 months, 9 months, 12 months.
• Interest Rate – 9.50% p.a
• Minimum amount –Ks.1,000,000
• Maximum amount – Unlimited
• Minimum duration -3 months
• Two weeks’ notice for discharge of trust deed
• Earn interest (on days) if the trust deed is discharged before the maturity date.

Required Documents

• NRC Copy (Trustor)
• NRC Copy (Beneficiary)
• Current (or) Savings A/C Number