Chase Bank offers competitive interest rates for any surplus funds deposited in a Fixed Deposit Account, for both short and long term tenors.
Fixed Deposit Accounts
- The Fixed Deposit Account is designed to cater to the needs of Clients who may want to deposit their money in an interest earning account for a specific period.
- The Fixed Deposit Accounts are usually for a longer period i.e. over a month/ 30 days
Account Features
- Minimum Deposit Kshs 100,000
- Minimum Tenor 30 Days
- Interest Rate This is determined by the amount deposited into the Account by the Client
- Assigned business Advisor to assist the Client.
- Real Time Gross Settlement services available to this account.
- The Client can use the Funds in this account to apply for a credit facility. However the Client will still be expected to follow the correct credit procedures.
Call Deposit Accounts
- The Call Deposit Account is designed to cater to the needs of Clients who may want to deposit their money in an interest earning account for a short period.
- The Call Deposit Accounts are usually for a Short period i.e. a tenor of 7 days
- After 7 days the Client is free to withdraw all his funds from the account at any time
Account Features
- Minimum Deposit Kshs 100,000
- Minimum Tenor 7 Days
- Assigned business advisor to assist the Client.
- Real Time Gross Settlement services available to this account.
- However should the need arise; the client is free to leave the funds in this account for as long as they so wish.
*Terms and Conditions apply