Home Jambo Info Banking and Finance Best saving accounts in Equity bank

Best saving accounts in Equity bank

Eazzy Save

Eazzy Save comes in place when you have a goal to archive, with this saving plan you can can set a desired amount of many regularly stand save it to help you archive your goal.

Features

  • No account opening and minimum operating balance.
  • No Ledger fee.
  • One free withdrawal in a month.
  • Free internal standing orders
  • Competitive Interest paid annually for savings above kshs 20,000

Requirements

  • Any person above 18 years old
  • Account to be opened by individual person / joint persons.
  • Original and copy of National ID

Archivers Student Account

Archivers student account is a saving plan for college students. This is a convenient and suitable transactional account for college students.

Features

  • No ledger fees
  • Free HELB processing
  • No opening balance
  • No account maintaining balance
  • Discounted Visa debit/ MasterCard card

Requirements

  • Original student ID/Letter of admission
  • National ID card and photocopy
  • Passport for non-Kenyan students

Jijenge Account

Just like Eazzy Save with Jijenge you can as well set aside an amount of many that will help you archive your goals.

Features

  • Account opening balance of Kshs 300.
  • Minimum monthly contribution of Kshs. 300 per month.
  • No partial withdrawal. Minimum operating lock period of six months.

Requirements

  • Original and copy of National ID.

Junior Member Account

Kids live money too. Junior Member account is a saving plan where by parents can open an account for their children to serve their financial independence journey.

Features

  • Account operating and opening balance of Ksh 200.
  • Free internal standing orders.
  • Two free withdrawals in a year.
  • On request, customers will be issued with an identification card.

Requirements

  • Parent’s original and copy of National ID.
  • Original and photocopy of child’s birth certificate.

Teen Member 

With teen member a parents are able to open accounts for their teenage child. This is to make a safe avenue for the kids to save their money.

Features

  • Account opened in the teen’s name.
  • Account opening/Operating balance of Ksh 200.
  • Two free withdrawals in a year, additional withdrawal charged at Ksh 200.

Requirements

  • Original and copy of Parent’s/Guardian’s National ID/Passport.
  • Original and copy of teen’s birth certificate.
  • Account opened in the teen’s name.
  • Account opening/Operating balance of Ksh 200

School Fees Account

With this saving plan a parent is able to open a school fees account for his/her/their children.

Features

  • Account operating and opening balance of Ksh 100.
  • Four free withdrawals in a year.
  • Free internal standing orders.
  • 3 free bankers cheques in a year for school fees payment.

Requirements

  • The account is opened under the parent’s name.
  • Original and copy of National ID.
  • One can open the account for one or many children.
  • Individuals saving for school fees are also eligible to open this account.

 Call / Fixed Deposit Account

This account provides you with a medium for investment opportunities for individual savers, businesses and organizations.

Features

  • Minimum fixing amount Kshs.20,000
  • Minimum period of one (1) month
  • Negotiable interest rate

Requirements

  • Original and photocopy of the National Identity Card or Passport

Popular Posts

How to create new TSC TPAD Account (https://tpad2.tsc.go.ke) for self appraisal

TPAD is a performance evaluation mechanism that assesses the performance of a teacher as per the set standards prescribed by the Commission. Section 52 of...

KUCCPS Student portal login student.kuccps.net for 2020/2021 Admission Application

Kenya University and College Central placement service (KUCCPS) is a body that is responsible for admission of students to universities and colleges in Kenya....

Links to the Best Telegram Channels/Groups in Kenya

Telegram channels are increasingly becoming the best and easiest media of communication in Kenya. Apart from communication, they are also a source of unending...

TSC website www.tsc.go.ke, TSC Latest News, TSC Online Payslips (T-pay), TSC Notices, TSC Downloads, TSC Online Services and How to register TSC online payslip

Teacher service commission (TSC) of Kenya is a body established by government of Kenya to manage human resource within the sector of education. Headquarter...

How to apply for TSC Internship jobs online through TSC Website (hrmis.tsc.go.ke)

Recently the Teachers Service Commission advertised 6,674 recruitment vacancies for intern teachers in a bid to cushion overstretched teaching force in public primary and secondary...