Micro Group Account

Kingdom Bank

	This is an account that helps group customers set aside funds for their goals while earning interest. It is useful for micro and small enterprise customers whose sole purpose is to borrow through the co-guarantee method.

Access your account through cheques, Internet Banking, Mobile Banking, Visa Debit Card, branches, and Co-op Bank Agents.

FEATURES:

Minimum opening balance - Kes 1,000
Minimum operating balance - Nil
No monthly maintenance fee - Nil
Unlimited Access to funds
Interest is earned for balances starting from Ksh. 5,000
Competitive Interest Rates

ENJOY ACCESS TO:

Free E-statements
Internet banking
Cheque book
Dedicated Account Relationship Officer
Chama Investment loan (for purchase of land, construction, buy ready built and equity-release loans, movable asset acquisition) of up to Kes 40 million
Group working capital solutions for members
Free standing order to the group savings account
M-collection and Lipa Na M Pesa integration

ACCOUNT OPENING REQUIREMENTS

REGISTERED GROUPS
(Registered as Self Help Groups,CBOs)

Copy of certified certificate of registration
Certified Introduction letter from DSDO (District Social Development Officer) with names of authorized officials.
Certified Copy of minutes Authorizing opening of an Account at Kingdom Bank, specific Branch with names of authorized officials & singing instructions

REGISTERED GROUP
(Registered as Investment Limited Entities)

Copy of Certificate of Incorporation
Copy of company KRA PIN
Copy of Memorandum and Articles of Association
Copy of CR12
Copies of Directors’ ID and PIN
Directors’ resolution to open an account at Kingdom Bank Ltd, specific branch, authorized signatories and signing instructions.

UNREGISTERED GROUP
(Joint Accounts of not less than 4 members)

Copy of minutes authorising opening of an account duly executed by all members, specifying the officials
Copy of a List of members duly signed with ID Numbers
Group By-laws
Copy of IDs and KRA pins of authorised officials

OPEN YOUR ACCOUNT

Open a Micro Group Account

Your contact information
Name*
First Middle Last
Email*
Phone*
What line of business are you in?
Choose your preferred account
What account would you like to open today?*
- Kingdom Bank Savings Account
- Kingdom Bank Current Account
- Transaction Account
- Kingdom Bank Junior Account
- Kingdom Bank Micro Group Account
- Kingdom Bank Micro Chama Account
- Faidi Dada Account
- Chama Account
Select your preferred Branch for the meeting.*
When can we have you come to the bank to finish your application?*
MM slash DD slash YYYY

Choose a date that is convenient for you
What time would you like to meet with us to open your account?*

: Hours

Minutes

AM/PM

Please choose a time when the branch is open for business.

Kingdom Bank

Micro Group Account

This is an account that helps group customers set aside funds for their goals while earning interest. It is useful for micro and small enterprise customers whose sole purpose is to borrow through the co-guarantee method.

Access your account through cheques, Internet Banking, Mobile Banking, Visa Debit Card, branches, and Co-op Bank Agents.

FEATURES:

ENJOY ACCESS TO:

ACCOUNT OPENING REQUIREMENTS

REGISTERED GROUPS
(Registered as Self Help Groups,CBOs)

REGISTERED GROUP
(Registered as Investment Limited Entities)

UNREGISTERED GROUP
(Joint Accounts of not less than 4 members)

OPEN YOUR ACCOUNT

Open a Micro Group Account

Your contact information

Choose your preferred account

Contact Us

PRODUCTS & SERVICES

POLICIES, TERMS AND CONDITIONS

QUICK LINKS

Kingdom Bank

Micro Group Account

This is an account that helps group customers set aside funds for their goals while earning interest. It is useful for micro and small enterprise customers whose sole purpose is to borrow through the co-guarantee method.

Access your account through cheques, Internet Banking, Mobile Banking, Visa Debit Card, branches, and Co-op Bank Agents.

FEATURES:

ENJOY ACCESS TO:

ACCOUNT OPENING REQUIREMENTS

REGISTERED GROUPS (Registered as Self Help Groups,CBOs)

REGISTERED GROUP (Registered as Investment Limited Entities)

UNREGISTERED GROUP (Joint Accounts of not less than 4 members)

OPEN YOUR ACCOUNT

Open a Micro Group Account

Your contact information

Choose your preferred account

Contact Us

PRODUCTS & SERVICES

POLICIES, TERMS AND CONDITIONS

QUICK LINKS

REGISTERED GROUPS
(Registered as Self Help Groups,CBOs)

REGISTERED GROUP
(Registered as Investment Limited Entities)

UNREGISTERED GROUP
(Joint Accounts of not less than 4 members)