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Compare Fixed Deposit Accounts in Kenya

To compare fixed deposit accounts:

Decide on the period (term) you want to invest your money and then compare. One financial institution for example may offer you 3.50% on a one year investment, where another may offer you 4.50% for that same term.
Compare based on the amount you’ll want to invest. Some financial institutions will tier their interest rates based on the amount deposited. For example, a one year term deposit of Ksh 200,000.00 may earn 3.50% while a one year term deposit of Ksh 300,000.00 may earn 4.50%.
Find out if there are any monthly maintenance fees, ledger fees, taxation on your earnings, fees to open the account or fees to close the account early-this is just in case you have an emergency and need to access to your funds sooner than expected. Some financial institutions will penalise /charge you a percentage of the investment or set cancellation fee.

Provider /Account	Min. Opening Balance	Duration	Interest	Other Features
Fixed Term Deposit Account	Ksh 50,000.00	Invested for an agreed term of your choice.	Tiered interest rates (Rates not stated) Can be baid monthly, quarterly, bi-annually, or annually depending on the maturity of your deposit. Interest can be paid directly to a Barclays' account of your choice.	Available in local and foreign currencies. Account can act as security for loans.
Fixed Deposit Account	Ksh.200,000.00	1, 3, 6, 12 months	Competitive interest rates (Rates not stated) Interest calculated daily and paid on maturity date	Security for loans or overdrafts Guaranteed rate of return Earnings can be reinvested (on request) or earn interest as per tenure Balances and statements available on request
Fixed deposit account	Ksh 30, 000.00	3, 6, 9, 12, 24 months	Interest rates not stated	No monthly ledger and maintenance fee. Available for joint or group participation.
Fixed Deposit Account	Ksh 50,000.00	Minimum 1 month	Interest rates on balance depends on duration chosen.
Fixed deposit Account	Ksh 100,000.00	30 days, 60 days, 90 days or 12 months	Interest rate is fixed during the investment period and is calculated and paid at maturity	No maximum investment amount No monthly management fees Funds are available upon maturity
Fixed Deposit Account	Ksh 50,000.00	1 month to 2 years.	Interest rate not stated Interest paid at maturity and is subject to a statutory 15% withholding tax, unless exempted.
Fixed Deposit Account	Ksh. 500,000.00	1 month to 1 year	Interest rate not stated
Fixed Deposit Account	Ksh 100,000.00	1 month to 3 months.	Interest rates are mutually negotiable.
Fixed Deposit Account	Ksh 100,000.00, US$ 10,000.00, GBP 10,000.00 or EURO 10,000.00	1 month, 3 months, 6 months and 1 year.	Interest rates not stated

Updated: 17/03/2011

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NOTE: The products info on this page does not constitute financial advice, always do your own research on top to ensure it’s the right product for your specific financial situation and remember, we don't as a general policy, investigate the financial soundness of companies listed here. The rates and products displayed within these tables are updated on a regular basis however due to the dynamic nature of the market some product details and rates may be out of date. We therefore do not take any responsibility for the accuracy of the information supplied within the table although we will always make our best effort to ensure that the information provided is as accurate as possible. You should always check rates and terms with the product provider.