Tuungane Chama / Investments Group Account

ABOUT THE PRODUCT

This account caters for both registered and non-registered groups with a main objective to have an account where they can consistently save their money and borrow against the same.

Features
  • No monthly charges, no minimum operating balance and no minimum deposits
  • Competitive interest on savings
  • Access to Internet banking 24/7
  • Eligible to subscribe to Diaspora Travel Insurance product
  • Free financial investment advisory
  • Ability to access Tuungane Chama/Investments loans up to 8 times the group’s savings to maximum KES.50 million
  • KCB will facilitate registration of non-registered Chama’s and or Investment groups in Kenya
Standard requirements
  • Registered group/Non Registered group
  • Opening balance of Kshs 10,000.00

Diaspora Forms

Forms

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