Save With Kingdom Bank and Earn Up to 10% Interest
- Published By Jane Njeri For The Statesman Digital
- 1 year ago
Kenyans are now saving more than they are spending or taking loans, according to the Economic Survey 2023 released by the Kenya National Bureau of Statistics (KNBS).
KNBS states that the savings deposit rate increased to 3.56% in December 2022 from 2.55% in December 2021. FinAccess 2021 data on savings and financial literacy, says that the need to save is informed by planning emergencies, day-to-day expenses, retirement, and education.
One way to grow your savings is to explore affordable plans offered by banks such as Kingdom Bank, a subsidiary of the Co-operative Bank of Kenya. Kingdom Bank offers smart, simple and reliable saving solutions to customers seeking to diversify their investments through high-yielding investment options.
From individuals, businesses and/or organisations with money to put aside as savings or investments for a fixed period of time, at least three months to those who target mid-to-long-term periods as they seek higher interest rates.
From children, the youth, women and chamas, Kingdom Bank has witnessed growth in customer retention and new bank accounts as it offers the best products in the market for financial growth, stability, and investment.
In fact, Kingdom Bank offers both new and existing customers up to 10% interest rates on savings starting at Ksh50,000 and above. Songa Mbele na Kingdom Bank and enjoy high interest-earning accounts in the market.
As a subsidiary of the Co-operative Bank of Kenya, Kingdom Bank taps into Co-op Bank's expansive network to serve its customers more efficiently. You can access Kingdom Bank’s services through Co-op Kwa Jirani Agents and the Co-op ATMs
Why Kingdom Bank
With Kingdom Bank, you can open an account within the shortest time possible.
All you have to do is fill out a form and select a preferred account and we will get back to you shortly.
You can also visit any of our 19 branches countrywide. Use our branch and ATM locator to trace our branches nationwide. Or Visit us physically at Kingdom Bank Towers along Argwings Kodhek Road in Kilimani, Nairobi.
Also contact us via landline: 020-221 0339, Mobile: 0709 881 300 or Email: info@kingdombankltd.co.ke.
Requirements vary depending on the account opened but include your National ID/Passport, KRA PIN, passport photo and children’s birth certificate.
Accounts also require a minimum opening and operating balances of between Ksh500 to Ksh1,000 only.
The types of savings accounts offered are;
Kingdom Bank Savings Account
This is a convenient and easy-to-operate savings account designed to help individuals and enterprises put aside some money for a secure future while earning good returns. It is designed to have unlimited deposits.
Kingdom Bank Junior Savings Account
This account targets parents who wish to save for their children until they attain the age of eighteen.
Kingdom Bank Chama Account
This an interest-earning account designed for convenient daily banking and transactions by groups and their members.
Micro Group Account
This account helps group customers set aside funds for their goals while earning interest. It is useful for micro and small enterprise customers whose sole purpose is to borrow through the co-guarantee method.
Transaction Options
Kingdom Bank offers its customers various ways of transacting and you do not need to visit any branch physically to acquire services.
Access our services via Digilife
Our online banking platform provides a one-stop shop for all our banking services anywhere on any Internet-enabled device.
Money Transfer
Money transfer services are available to both bank customers and walk-in customers in any of the Kingdom Bank branches. Services available include MPESA (Retail and Super-Agent), Airtel Money, Western Union and MoneyGram.
Mobile Banking
Mobile banking offers convenient services to Kingdom Bank customers via mobile phone devices. The service can be accessed via USSD code *344#
Kingdom Bank App
Our Mobile Banking App offers convenient services to Kingdom Bank customers via mobile phone devices. The service can be accessed via the Android Google Play Store and iOS App Stores.
KB Visa Card
KB Visa Card offers you a fast and secure way of transacting and paying for goods and services
To apply for a Kingdom Bank Visa Debit card fill out this form and we will get back to you shortly, contact us via our phone numbers or visit any of our nearest branches.
Contact Us
Use our branch locator to trace our branches nationwide
Or Visit us physically at; Kingdom Bank Towers, Argwings Kodhek Road, Kilimani.
P. O. Box 22741- 00400 Nairobi, Kenya
Landline: 020-221 0339
Mobile: 0709 881 000, 0709 881 300
Email: info@kingdombankltd.co.ke
Twitter: @kingdombankenya
Facebook: Kingdom Bank LTD - Kenya
Instagram: kingdom_bankke
LinkedIn: Kingdom Bank Limited
Visit our website www.kingdombankltd.co.ke for more information
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