Whistleblowing

Call/Fixed Deposit Account

Fixed & Call Deposit Account gives you the avenue to collate money for investment opportunities. It can be opened by individual savers, businesses or organizations.

Ideal for all customers

Great Features of This Account

  • Fixed terms set to match the institution’s cash-flow plan
  • Call deposits for funds that may be needed at short notice
  • Available in KES and foreign currency
  • Interest rates negotiated based on amount and tenor

Why You Should Open This Account

  • Premature withdrawal of deposits is allowed on this account
  • Instant loans of up to 80% of your savings at discounted rates.
  • This account offers the most competitive interest rates.
  • Investors can access a loan facility and use the Fixed Deposit account as collateral.
  • Enjoy access to instant loans of up to 90% of your savings at 24hour support through 0763063000 and/or info@equitybank.co.ke

Benefits

  • Earn returns on idle funds
  • Capital preservation
  • Flexible tenors to match liquidity needs

Charges

  • Minimum balance – KES fixed deposit: KES 50,000
  • Minimum balance – foreign currency fixed deposit: USD 5,000 (or equivalent)
  • Fixed deposit withdrawal at maturity: Nil
  • Premature withdrawal: call rate applies
  • What You Require to Open This Account

    •  Active Equity account
    •   KYC documentation – certificate of registration/incorporation or establishing Act/Gazette notice, KRA PIN, and IDs/KRA PINs of signatories
    • Board/Council resolution authorizing the account or facility and appointing signatories to invest
  • Sign up and Transaction Process

    1. Visit your nearest Equity bank branch
    2. Present the required documents and fill out the application form
    3. The bank will then process your application and you place your deposit.
    4. For any further clarification, fill the form below and we will get back to you.
  • Complaint Handling Process

    • Lodge complaint at any of our branches, via call center, info@equitybank.co.ke or feedback link TALK TO US. We will record your feedback and issue you with a reference number.
    • We will acknowledge your feedback within 48hours.
    • If we cannot resolve the complaint immediately, we will advise on the next cause of action and when to expect feedback from us.
    • We will endeavour to resolve the complaint within 7 working days. However, should we require more time to it, we will keep you updated with progress every 7 days until the complaint is resolved.
    • Should the resolution not meet your satisfaction, feel free to get back to us with your concerns and we will review the issue and resolution and revert back to you.
  • Rights and Obligations

    • T & Cs of products are available on website and as part of account opening form.
    • Data privacy policy included in customer onboarding and account opening forms
  • Potential Risks

    • Reduced interest on premature withdrawal
    • Reinvestment at lower rates at maturity
  • Forms

We would like to call you back regarding this product.


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