Savings and Term Deposit

The MFinance Term Deposit allows you to  earn guaranteed higher interest rates than those offered on your traditional savings account. Invest from as little as K10, 000 and lock your money in from 3 months onwards and earn attractive interest rates that are negotiated by YOU.

For your convenience you have the choice to have your investment automatically rolled over and keep earning interest until you are ready to access the funds or you can choose to have the money automatically deposited into your preferred bank account at maturity.

You will be assigned a dedicated Relationship Manager to help take care of all your financial needs

Savings Products – Securing your future one Ng’wee at a time

Benefits

  • Low opening Balance
  • Minimal account opening requirements
  • Free monthly statements
  • Unlimited transactions

 Requirements

  • 2 Passport size photos of all applicants
  • Utility Bill for the business as proofed address
  • Copy IDs of authorized signatories
  • Certified allotment of shares
  • Certified true copy of articles of association
  • Board resolution to open account

Benefits

  • Unlimited transactions
  • Free monthly statements
  • Minimum account opening requirements

Requirements

  • 2 passport size photos
  • ID (NRC or passport)
  • Proof of Residence
  • Reference letter (commissioner of oaths, existing customers, chiefs, market master or employer)

Benefits

  • Save as a group towards a common goal
  • You decide how long to invest and how much to invest
  • Free quarterly statements

Requirements

  • 2 passport size photos for all applicants
  • ID (NRC or passport) for all applicants
  • Proof of Residence for all applicants
  • Reference letter (commissioner of oaths, existing customers, chiefs, market master or employer) for all applicants

Benefits

  • Free withdrawals
  • No monthly charge
  • Free quarterly account statement

Requirements

  • 2 passport size photos
  • ID (NRC or passport)
  • Proof of Residence

Reference letter (commissioner of oaths, existing customers, chiefs, market master or employer

Benefits

  • 3 Free withdrawals were annum
  • No monthly charge
  • Free quarterly account statement
  • Safe guard your childrens future

 Requirements

  • 2 passport size photos
  • Birth record or certificate
  • ID (NRC or passport)
  • Proof of Residence
  • Reference letter (commissioner of oaths, existing customers, chiefs, market master or employer)
how can we help you?

Contact us at your nearest Mfinance office nearest to you or submit a business inquiry online.

“Sometimes knowing when something is not working and pivoting to something new leads to our greatest opportunities and successes.”

Titus Waithaka
Managing Director, MFinance
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TO MAKE BETTER THE LIVES WE TOUCH