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