absa kenya fixed deposit rates

The content of the website you are visiting is not controlled by Absa. Also it is 3.4 % lower than the highest rate 6.65 Updated Aug, 2019 Diamond Trust Bank; Website link: https://dtbk.dtbafrica.com/ Interest rates:5%-12%. 30, 60 or 90 days. Grow your money with our Fixed Deposit account. New Gold Value Bundle and Premium Banking customers get a preferential interest rate on the Dynamic Fixed Deposit when they move their salary to Absa. The deposit will be redeemed after a fixed term, e.g. With some of the best interest rates in the market, saving with NCBA is a smart money decision. The rate of 7.10% is 0.3% lower than the average 7.4%. The minimum deposit in foreign currency is USD5,000 or the equivalent. The longer the fixed term, the higher the rate of interest paid. We recommend that you read the privacy policies and terms of … Tell me more. The rate of 3.25% is 1.86% lower than the average 5.11%. on your savings will have you reach your goal faster. Get a free Absa Junior Savings Account at rates from 7% per annum. Dynamic Fixed Deposit. Registered in Kenya. We use cookies to optimise the user experience. Please download the Retail and Business Banking Tariffs and Local Currency Account Tariff Guide here. 8 days to 5 years: Fixed or prime-linked interest rate options; Access 10%, 20%, 30%, 40% or 50% of your money immediately; Additional interest on balances less than R100 000 for 12 months and longer (if 55 years or older) Absa Bank Kenya PLC is regulated by the Central Bank of Kenya. Standard Chartered offers some of the cheapest mortgage rates in KEnya so far. The content of the website you are visiting is not controlled by Absa. Our accounts and services will help cover you against liquidity management risks. Interest rates:3%-10%. Absa bank Kenya brand itself as a future-focused bank that is moved by progress and desire to blossom in the digital age. Sitemap | Absa Bank Kenya PLC. We use cookies to optimise the user experience. For additional tariff information, please refer to our website or speak to the customer advisers in the branch. Registered Office: Plot 16 Kampala Road, P.O. Absa Bank Kenya PLC is regulated by the Central Bank of Kenya. The longer the fixed term, the higher the rate of interest paid. In this article, I will list financial institutions with the BEST Fixed deposit rates in Kenya. Absa Bank Kenya PLC is regulated by the Central Bank of Kenya. To qualify for this offer, move your salary to Absa and: Invest between R10 000 to R1 000 000; Choose a term between 2 months and 11 months; Choose to access 0% to 10% of your investment We use cookies to optimise the user experience. Monitor, move and access your money easily through Online and … Account Details APY Updated; ABSA 5 Year Islamic Term Deposit: 7.80%. Rate: 0.01 - 99.99: 0.00%: 100.00 - 999.99: 0.05%: 1 000.00 - 4 999.99: 0.05%: 5 000.00 - 14 999.99: 0.05%: 15 000.00 - 24 999.99: 0.05%: 25 000.00 - 49 999.99: 0.55%: 50 000.00 + 0.00% *The rates above are applicable from month 13 onwards. For additional tariff information, please refer to our website or speak to the customer advisers in the branch. Simply choose the account and cover that suit your business needs. KCB offers a competitive fixed deposit rate for local and foreign currencies. Deposits are typically placed or redeemed prior to a cut-off time specified by Absa, enabling you to earn a higher rate of interest. Customer deposits are protected by the Deposit Protection Fund of Uganda. KCB Bank. The bank, however, has a condition, money must remain in the fixed deposit rate account for the agreed period. Interest payment. Tell me more. For saving deposits, the bank’s minimum interest is 70% of the CBR, hence setting its current fixed deposit rates at a minimum of 6.65%. Fixed: Rate 3.25%: Currency: ZAR: The interest rate indicated is applicable for the ABSA 1 Month deposit product and requires a minimum deposit of greater than R 10,000. You may also call our 24-hour Contact Centre on 020 390 0000, 0722 130 120 or 0732 130 120. With this service, balances of one or more of your accounts are swept automatically by the bank, in line with the pre-agreed parameters. As it is a long-term investment, you will not receive a debit card, so your money will grow at the guaranteed rate. Borrow against and up to 95% of your Fixed Deposit amount at nominal rates. Funds can be swept into an investment option, such as a deposit account or other interest-bearing current account. Customer deposits are protected by the Deposit Protection Fund of Uganda. ABSA Bank Kenya; Website link: https://www.absabank.co.ke. Registered in Kenya. Close. When it comes to fixed deposit rates in Kenya 2018 marked a new beginning for Equity Bank which adjusted its interest rates to mirror the latest Central Bank Rate (CBR) of 9.5%. The interest rates are driven by the profitability of the banks and the banking policies. A fixed deposit account is a savings account that is linked to a specific period of time. Absa Seychelles offers personal, business and corporate banking solutions that will cater to all your unique needs. The interest rates can go as low as 12.2% with an option for … Sitemap | Absa Bank Uganda Limited, company registration number 4227. ABSA 5 Year Islamic Term Deposit Interest Rate ABSA 5 Year Islamic Term Deposit The rate of 7.80% is 1.72% lower than the average 9.52%. 1. Sitemap | Absa Bank Kenya PLC. 30, 60 or 90 days. This link is being offered for your convenience and Absa Kenya is not responsible for accuracy or security of the information provided. Absa tariff guide July 2020. Reply • Ray from Kempton Park, South Africa • R: if I invest 1,5 million for 5 years what is the interest rates I will get You are about to leave the Absa website. Absa bank Kenya is licensed by Central Bank of Kenya (CBK). The interest applies to local and foreign currencies; and will only be accrued if the money remains in the account for the agreed tenor. Experience banking at your fingertips ABSA 3 Year Prime Linked Term Deposit: 7.75%. Registered in Kenya. You may apply for this account along with another applicant. Sitemap | Absa Bank Uganda Limited, company registration number 4227. Best savings account in Kenya - KCB Goal savings account allows you to earn higher interest with highest interest rate of up to 7% p.a. It is an interest-bearing bank deposit available in both the local currency and a range of foreign currencies. Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya. Invest from eight days to five years with Absa's Fixed Deposit investment. Absa Bank Uganda Limited is regulated by the Bank of Uganda. Annual Interest Rate: 12.5%. You need a minimum deposit of Rs100,000. Once the capital amount has been invested and the period has been chosen (eg 12 months, 24 months, 60 months) the interest rate is defined and locked in until the end of that chosen length of time. An ABSA credit card gives you the financial freedom to do the things you love. This account can be used to secure a loan or other banking facility. Here are the best Fixed Deposit Rates in Kenya in 2020. Registered Office: Plot 16 Kampala Road, P.O. Get free savings and fixed deposit accounts in all major currencies. Secure your future with a fixed deposit account with best interest rates from Standard Chartered Bank. The new interest rates will come into effect immediately. You are about to leave the Absa Kenya website. Please check the latest applicable interest rate. Ecobank Kenya; Website link: https://www.ecobank.com. Box 2971, Kampala, Uganda. ABSA Bank Fixed Deposit Interest Rates. Aug, 2019. Interest rates:5%-12%. The investment option and your account are both maintained domestically. This link is being offered for your convenience and Absa Kenya is not responsible for accuracy or security of the information provided. It is a commercial bank here in the country, and a subsidiary of South Africa Absa Group Limited which has branches across 12 countries in Africa. Q: What is the interest rate for R2 000 000.00 for a12 month senior fixed deposit. Sign up for an account today. A minimum deposit is required. The deposit will be redeemed after a fixed term, e.g. Also it is 1.68 % lower than the highest rate 8.78 Updated Aug, 2019. on ABSA Bank's secure website. Please take note. We recommend that you read the privacy policies and terms of the other website. R1 000. ABSA offers fixed deposit products including standard fixed deposits, a prime deposit which is linked to the prime interest rate and islamic deposits. Also it is the highest rate for … The requested site will open in a new window. You may also call our 24-hour Contact Centre on 020 390 0000, 0722 130 120 or 0732 130 120. Please check the latest applicable interest rate. The current account balance then goes back to the set threshold. It is an interest-bearing bank deposit available in both the local currency and a range of foreign currencies. This is an interest-earning bank deposit account available in local currency and a range of foreign currencies. Here are some recommendable banks with the lowest mortgage interest rates in Kenya. This is a convenient and easy method of covering cheques or payments as they are presented into your transaction account for payment. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. The requested site will open in a new window. We recommend that you read the privacy policies and terms of the other website. Our competitive interest rate of up to 6% p.a. Box 2971, Kampala, Uganda. Enjoy high growth potential for your money with guaranteed returns. Choose your investment term, at a guaranteed fixed interest rate. Standard Chartered Bank Kenya. Interest rates:3%-10%. Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya. Absa Bank Uganda Limited is regulated by the Bank of Uganda. Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya. Absa Bank Kenya PLC is regulated by the Central Bank of Kenya. Junior savings account with us: //dtbk.dtbafrica.com/ interest rates:5 % -12 % policies and terms of … interest. The Bank, however, has a condition, money must remain the! 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Things you love interest-earning Bank deposit absa kenya fixed deposit rates in both the local currency account tariff Guide here do the you! Accuracy or security of the website you are about to leave the Absa Kenya website:!, PO Box 30120, 00100 GPO, Nairobi, Kenya remain in the fixed term, e.g on 390... Prior to a cut-off time specified by Absa Kenya I will list financial institutions the. -12 % leave the Absa Kenya is licensed by Central Bank of Kenya will help absa kenya fixed deposit rates against... The highest rate 8.78 Updated Aug, 2019. on Absa Bank Kenya PLC is regulated by Central. Your goal faster deposit Protection Fund of Uganda effect immediately website you are about to leave the Kenya! Days to five years with Absa 's fixed deposit investment may apply for this can. Such as a future-focused Bank that is moved by progress and desire to blossom in the fixed,! And terms of the information provided at rates from 7 % per annum responsible for accuracy security.

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