Fixed Deposit Account
To secure your future, you want to maximise the growth potential of your savings, without taking any risks. That’s why a Standard Chartered Fixed Deposit Account is ideal for you. It helps you grow your savings over the longer term with guaranteed returns.
Fixed Deposit Account Features
- Available in Kenya Shillings, US Dollar, Pound Sterling, Euro and Japanese Yen
- The interest on the Fixed Deposits is calculated on the balance in the account for the duration of the term
- Interest can be:
- Rolled over with the deposit upon maturity or,
- Credited to your current or savings account upon maturity.
- If the deposit is broken before maturity, the interest on the deposit will be forfeited.
- The Fixed Deposit can be pledged as security
- Access to personal loans and overdrafts equivalent to 80% of the balance in the Fixed Deposit Account
- A Minimum deposit of Kes 100,000
- Zero penalty on withdrawals at maturity
- Interest is paid into your current or savings account.
High Yield Fixed Deposit Account features
- High Yield Fixed Deposit Account features
- Available in Kenya Shillings only
- Minimum tenure of 12 months
- A minimum deposit of Kes 1 Million
- Access to personal loans and overdrafts equivalent to 90% of the balance in the Fixed Deposit Account
- Withdrawal at maturity is not penalised
- Interest is paid into the corresponding account
Rates
You can seek advice on interest rates of your deposits by contacting the Call Centre or by speaking to your Relationship Manager.
Account Opening Requirements
- National ID / passport and work permit (non-nationals)
- 1 recent coloured passport size photograph
- Proof of residence; either utility bill / tenancy agreement
Apply Now
Call us now on 329300/ 0722 203 666/ 0733 335 511. You can also click here and we'll get back to you as soon as possible. Alternatively visit your nearest branch.
