Yes, a withholding tax of 15% is applicable to the interest earned.
Yes, you may borrow against your savings. The amount will however be lien marked and will be inaccessible until you clear your loan.
To encourage a saving culture, we have restricted the account from access to all digital and card channels. Withdrawals will be done through the branch. No debit card is issued to this account.
Pebble Savings Account is ideal for customers below 18 Years. Customers above 18 years to 25 years are encouraged to open the Student Account, which has unique features and benefits specifically for students.
Kindly reach out directly to your Relationship Manager or Branch Manager; alternatively, you can contact our SBM (K) Bank Contact Centre via:
Tel: +254 0) 709 800 000 I +254 0) 730 175 000
WhatsApp Chat: +254 0) 773 758 196
Email: atyourservice@sbmbank.co.ke
X: @sbmbankkenya
Facebook: SBMBankKenya
Please feel free to visit any of our branches for more details.
