Accounts You Can Open

Regular Savings Account

Best for: Individuals & families

A simple, reliable account for day-to-day saving.

• Easy deposits & withdrawals
• Competitive returns
• Mobile access via *284*55#

Open with: National ID, small opening balance, once-off membership fee

Fixed Deposit (Term) Account

Best for: Medium–long-term goals

Lock funds for a set period and earn higher returns.

• Higher interest than regular savings
• Flexible terms (e.g., 3–12 months)
• Guaranteed maturity payout

Open with: National ID, minimum deposit

Junior Saver Account

Best for: Parents/guardians saving for children under 18

Secure a brighter future for your child.

• No monthly charges
• Goal-based saving for school & milestones
• Parent/guardian control

Open with: Parent/guardian ID, child’s details, birth certificate (or equivalent)

Youth / Student Account

Best for: Students & youth (18–25)

Smart banking for young adults.

• Low opening balance
• No-frills fees, digital-first access
• Build money management habits

Open with: National ID / Student ID

Group / VSLA Account

Best for: VSLAs, farmer & community groups

For registered groups, SACCO cells, and associations.

• Transparent group saving
• Multiple signatories
• Statements for accountability

Open with: Group constitution/minutes, list of signatories, IDs for signatories

Business Savings Account

Best for: Sole traders, SMEs, market vendors, boda operators

Keep business cash flows organised.

• Cash-collection friendly
• Statements for bookkeeping
• Access to working-capital loans

Open with: National ID, business evidence (location/permit where applicable)

Share Capital (Membership)

Your ownership stake in Kinoni SACCO.

• Be a co-owner & vote at the AGM
• Strengthen the cooperative’s capital base

Note: Share capital is separate from savings and not withdrawable like regular deposits.