DBK Chama Savings Account

DBK Chama Savings Account

Open a DBK Chama Savings account and enjoy the benefits of growing your money easily with our lucrative interest rates. You can also access secured loans – the more you save, the more you can borrow.

Benefits

• Attractive interest rate on your savings that accumulates on a daily basis.
• Monthly statements.
• Nil charges for top-up savings.
• Account can be denominated in LCY equivalent & Foreign currency.
• Access to secured loans.

Requirements

• Your original and copy of your IDs / passports.
• 1 passport photo (taken at the branch).
• KRA Pin certificate.
• Proof of address / source of funds.
• For companies - Certificate of Registration/Incorporation.
• For companies - VAT certificate.
• For companies - Valid Trading License.
• Company’s Partnership Deed (where applicable).
• Board Resolution (where applicable).
• At least minimum 3 members required.

Rates & Fees

• Opening balance – Kshs. 1,000/=
• Minimum operating balance – Kshs. 1,000/=
• Interest rate 5% p.a. payable annually on amounts Kshs. 10,000/= and above.
• Nil ledger fees.
• Unlimited number of transactions.
• Nil charges per transaction.
• Kshs. 350/= charged as penalty for balances below the minimum balance.
• Account can be denominated in LCY equivalent or Foreign currency.

*A bank representative may call you at any time to obtain further information in line with DBK KYC process. Remember, PIN yako siri yako. Don’t divulge your PIN or passwords.