This is a long-term investment account that offers members the opportunity to earn competitive rates of returns.
Features
- Rates remains constant during the investment period.
- Minimum earning balance is ksh 5,000
- If withdrawn before maturity date the interest is lost.
Benefits
- No monthly management fee is charged meaning the savings do not get depleted.
- One can reinvest the interest to allow members money to build, creating wealth over time.
- Can be used to secure loans.