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Junior Saver Account
This is an attractive savings account designed specifically to encourage savings and financial awareness for children. The account offers rewards for both the child and the parent/ guardian.
Features
- No charges levied on the account
- Free bank cheque for paying school fees
- Annual Party for the children.
- Free home bank on account opening
- Birthday card every year for the child
- Interest earned for amounts above Kshs. 3,000
- Bonus interest of 25% earned if there are no withdrawals for a year
- Limited withdrawals
- Early banking experience for the children
- Free financial advice to the junior savers.
- Minimum account opening balance of Kshs. 1,000.
Requirements
- A copy of the child’s birth certificate/ notification of birth
- The parents’/ guardians National Identity or passport.
- One recent passport size photograph of child.
- One recent passport size photograph of the parent/guardian.
Consolidated Bank is regulated by The Central Bank of Kenya.
