Call and Term Deposit Accounts

This type of account has a fixed term. It is generally a short term with a maturity rate of 7 days to a year. When a customer purchases this type of account, they have to understand that the money can only be withdrawn after the term has ended. Renewal of the deposit can be done on maturity and interest is paid only on maturity of the deposit.

Features

• - Your savings will constitute a guarantee when applying for a loan.

• - Maturity date, 7days to a year

• - Preferential rate

• - No delays or risk on your money

• - Open your account in any of our branches

Requirements

• - Minimum balance of Rwf 30,000

• - Interest rate of 4.5% to 9.5% depending on the term

• - Zero monthly charges

• - Copy of ID if Rwandan or passport if foreigner

• - Recent passport photos

BK special Savings Account

BK Special savings is tailored for all individuals. With this account one can save to cover costs, life events i.e. university or retirement. With this BK account depositors earn interest in return for having restrictions upon how they access their funds.

Features

• - Earn a bonus to your savings in addition to the interest rate, if your money has been untouched for a period of one or two years.

• - Your savings will constitute a guarantee when applying for a loan.

• - Preferential rate

• - No delays or risk on your money

• - Open your account in any of our branches

Requirements

• - Minimum balance of Rwf 100,000

• - Interest rate of 4% Per Annum

• - Limit of one withdrawal per month

• - Zero monthly charges

• - Copy of ID if Rwandan or passport

• - Passport photo

Cash Extra Savings Account

With the cash extra savings account an individual can save and withdraw money at their convenience.

Features

• - Customers can save and withdraw money at their convenience.

• - The more you save the more you earn.

• - Openness to other Bank products

• - Account can be opened or accessed at any of our branches

Requirements

• - Minimum balance of Rwf 20,000

• - No limit for withdrawals

• - Interest rate of 2% Per Annum

• - Zero monthly charge

• - Copy of ID if Rwandan or passport

• - Passport photo

Students’ savings account

Student savings account is tailored to get all students interested in savings at an early age. Saving money and realizing its value at an early age. With this account one is able to save up for college, upkeep, business and any other commodities they would wish to acquire as a student.

Features

• - 100% charge free savings account.

• - Withdraw money any time

• - Earn a bonus to your savings in addition to the interest rate, if your money has been untouched for a period of one year or two years.

• - Your savings will constitute a guarantee when applying for a loan.

• - Benefit from a preferential rate.

• - No delays or risk on your money

• - Open or access your account at any of our branches

Requirements

• - Minimum balance Rwf 5000 (optional)

• - Interest rate 2% Per annum

• - No limit for withdrawals

• - Account class: 204180

• - Zero monthly charges

• - Copy of National ID if Rwandan or passport if a foreigner

• - Passport sized photo

Junior Savings account

With the junior account parents are able to meet their children’s financial needs as they prepare for the future. It also enables your children to enjoy a range of our products and facilities. This account is targeted for children below the ages of 18 Years.

Features

• - Benefit preferential rate

• - No delays or risk on your money

• - Open or access your account in any of our branches

• - Accessibility to other Bank products i.e. VISA  card, Mobile banking etc

• - Parent can monitor and deposit money on the Childs account whenever

Requirements

• - Minimum balance of Rwf 5000 (Optional)

• - Interest rate of 2% per annum

• - No limit for withdrawals

• - Zero monthly charges

• - Copy of guarantee and child’s passport or ID if Rwandan

• - Copy of passport photo for guarantee and child