Alpha Kapital MicroFinance Bank Ltd

Savings Products

Savings Account

Our savings account allows you to set aside funds for future use and also encourages you to develop a savings culture. The account is eligible for a 2% Per-Annum interest rate and the account allows maximum of 3 withdrawals in a month to earn interest. Minimum initial opening amount of #1,000 and minimum account balance of #1,000

Requirements

1. Utility bill/Proof of residence (Not older than 6 months)
2. One passport photograph
3. Valid means of identification (National ID, Driver’s License, International Passport or Voters Card)

Savings Account

Our savings account allows you to set aside funds for future use and also encourages you to develop a savings culture. The account is eligible for a 2% Per-Annum interest rate and the account allows maximum of 3 withdrawals in a month to earn interest. Minimum initial opening amount of #1,000 and minimum account balance of #1,000

Requirements

1. Utility bill/Proof of residence (Not older than 6 months)
2. One passport photograph
3. Valid means of identification (National ID, Driver’s License, International Passport or Voters Card)

Children Endowment Account

Benefits

  • Interest Rate Per-Annum is 2.5%
  • Attainment of #100,000 daily account balance for 10 consecutive months qualifies for Fabulous gifts during 1st Birthday
  • Withdrawal allowed only during 1st Birthday .
    Any withdrawal prior to the birthday will lead to the forfeiture of birthday presents .
  • Attainment of #200,000 daily balance for 10 consecutive months qualifies for 10% subsidy on cost of books after confirmation of list of books from school
  •  One Withdrawal allowed at the beginning of each Term. Any further withdrawals will lead to interest forfeiture for the quarter.

Requirements

1. Utility bill/Proof of residence (Not older than 6 months)
2. One passport photograph each for the child and parent/guardian
3. Valid means of identification (National ID, Driver’s License, International Passport or Voters Card)
4. Birth Certificate of the child.