This is the ideal account for the keen saver. It has a low opening and operating balance and begins to earn interest at low account balances. This account has limited cash withdrawals per month to encourage savings.
When you get your paycheck, take a percentage -- between 10 percent and 30 percent -- and put that away. You'll be rich enough to be financially independent within a short period of time.
Consolidated Bank is regulated by The Central Bank of Kenya.
