Family Bank offers a variety of accounts tailored to meet personal, business, and investment needs. Below is a breakdown of account types, features, benefits, and requirements.
1. Current Accounts
(a) Personal Current Account
- Features:
- Debit card availability.
- Paperless banking via Pesapap mobile app.
- Notifications on transactions.
- Countrywide accessibility through branches and VISA-branded ATMs.
- Benefits:
- Access to loan facilities.
- Optional personal accident insurance.
- No ledger fees.
- Requirements:
- Original and copy of National ID or valid passport.
- Passport-size photo (taken at the branch).
- Any amount to open the account.
(b) Salary Account
- Features:
- No minimum opening or operating balance.
- Visa debit card available for Kshs 500.
- Benefits:
- Free monthly e-statements.
- Salary advances and loans.
- Access to credit cards and insurance cover.
- Requirements:
- Completed account application form.
- Original and copy of National ID or valid passport.
- Introduction documents (bank statements, utility bills, or introduction letter).
(c) Mwananchi Account
- Features:
- Low opening and minimum balances.
- Debit card availability.
- Benefits:
- No ledger fees.
- Access to loans and accident insurance.
- Requirements:
- Original and copy of National ID or valid passport.
- Passport-size photo (taken at the branch).
(d) Scholar Account
- Features:
- No maintenance fees.
- Free banker’s cheque for fee payment.
- Benefits:
- Free HELB loan disbursements.
- Access to debit cards.
- Requirements:
- Admission letter/college ID/introduction letter.
- Original and copy of National ID or valid passport.
- Opening balance of Kshs 200.
(e) Maestro Visionary Account
- Features:
- Tailored for individuals aged 18–26 years.
- Free cash deposits and mobile banking registration.
- Requirements:
- Original and copy of National ID or passport.
- Passport-size photo (taken at the branch).
- Minimum balance of Kshs 200.
2. Savings Accounts
(a) Tujenge Account
- Features:
- Can be opened with any amount.
- Interest earned on balances above Kshs 20,000.
- Benefits:
- No charges and annual interest earnings.
- Loans available up to 90% of the deposit.
- Requirements:
- Copy of National ID.
- Any amount to open the account.
(b) Mdosi Junior Account
- Features:
- For children below 12 years.
- Interest earned on balances above Kshs 5,000.
- Requirements:
- Parent/guardian’s ID.
- Child’s birth certificate.
- Opening balance of Kshs 200.
(c) Extra Cool Visionary Account
- Features:
- Designed for individuals aged 12–18 years.
- Debit card availability.
- Requirements:
- Birth certificate and parent’s/guardian’s ID.
- Opening balance of Kshs 200.
(d) Chama Account
- Features:
- For groups with 5–35 members.
- Minimum loan of Kshs 500,000.
- Benefits:
- Loans up to 3x the group’s average savings.
- Free internal standing orders.
- Requirements:
- Group registration certificate.
- Minutes authorizing account opening.
3. Investment Accounts
Call & Fixed Deposit Accounts
- Features:
- Flexible terms of 1, 3, 6, 9, and 12 months.
- Loans up to 90% of deposit amount.
- Benefits:
- Competitive interest rates.
- No charges on fixed deposit accounts.
- Requirements:
- Minimum deposit of Kshs 30,000.
Family Bank Contacts
- Phone:
- 0703 095 445
- 0703 095 000
- 020 3252 445
- 020 3252 000
