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Its advisable for every Kenyan to save some cash somewhere to cater for emergencies that might rise anytime or for life goals one want to achieve. However many Kenyans don't know where to save their money and earn high interest in return. Its for this reason that we have decided to write this post to help some people to atlesat make some sound decions on the bank accounts to save their money and at the same time earn some interest.
High Interest Paying Bank Savings Accounts in Kenya
- KCB Goal Savings Account
- National Bank Ahadi Savings Account
- SMEP Bank Nyota Njema Savings Account
- Equity Bank Eazzy Save Account
- GTTarget Savings Account
KCB Bank Goal Savings Account
This is a savings account by KCB bank that offer high interest rate of 8.5% per year. The account requires only a minimum of kes 1000 in the account. The interest earned is payable annually and withdrawals from this account can be done once every month. To open this account, visit any KCB branch and inquire. Ask also for KCB Simba Savings account.
National Bank Ahadi Savings Account
This is a savings account by National bank that offer an interest of 7% per year. Minimum balance required is only kes 1000. Interest earned is payable after every four months. Withdrawals from this account can be done once every four months.
Visit any National Bank Branch to open this savings account.
Equity Bank Eazzy Save Account
This is an account by Equity bank. Through this account one is able to get interest rate as high as 7% per annum but with a minimum of kes 20,000. Interest payout is done annually. One can withdraw from this account one per month.
SMEP Bank Nyota Njema Savings Account
This is a savings account from SMEP Microfinance Bank that earn high interest of 7% per year. Minimum balance allowed is kes 1000 to get interest. Interest earned is payed out annually. Withdrawing money from this account is restricted to four times a year.
GT Bank GTTarget Savings Account
This is a savings account by GT bank that offer high interest rate for fixed deposit up to 7% per year. This account requires a monthly contribution of kes 2000. This account can also be opened in US Dollars ,Euros or GBPs. The higher you save ,the higher you earn returns with this account.
To open this account, visit any GTBank branch and open one.
Disclaimer
This information provided here is obtained from publicly available resources and is intended for information or educational purposes only. We strive to keep the information on this website up to date and this does not warranty that all the information will be as the financial institutions updated or changed information.We do not own any of the information provided by or obtained from third party financial institutions. Take note that the institutions represented on this website may vary their terms at any time or may offer you terms different to what you have seen on the website due to their own analysis of your individual circumstances or change of terms and you are encouraged to review the specific financial institution’s terms and conditions when obtaining their services or products. Unilada Kenya is not a financial institution, insurance provider or financial adviser and is not liable for any decisions any individual makes based on the information provided on the website.
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