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Get guaranteed returns with Term and Call Deposits.

Do you need to save up for a project or have a financial goal in mind? Put money into a Term and Call Deposit for a specified period and get guaranteed returns.

Why choose the Term and Call Deposits

Flexible term for the Fixed deposit between 1 and 36 months

With Call Deposits, customer can liquidate any time with no charge

Interest is paid on liquidation on Call Deposits

Eligibility / Documents Required

  • Duly filled and signed deposit booking form
  • Minimum deposit amount of Kes. 50,000.00 and FCY equivalent
  • Must be an existing SBM account holder

 

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Rates & Fees

  • Interest is based on the bank’s card rate which is available on request
  • If the deposit is liquidated earlier than scheduled, the customer foregoes the interest
Term and Call Deposits