Get guaranteed returns with Term and Call Deposits.
Do you need to save up for a project or have a financial goal in mind? Put money into a Term and Call Deposit for a specified period and get guaranteed returns.
Why choose the Term and Call Deposits
Flexible term for the Fixed deposit between 1 and 36 months
With Call Deposits, customer can liquidate any time with no charge
Interest is paid on liquidation on Call Deposits
Eligibility / Documents Required
Duly filled and signed deposit booking form
Minimum deposit amount of Kes. 50,000.00 and FCY equivalent
Must be an existing SBM account holder
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Rates & Fees
Interest is based on the bank’s card rate which is available on request
If the deposit is liquidated earlier than scheduled, the customer foregoes the interest