Equity Bank Accounts- Equity Ordinary Account, Current Account, Savings Accounts, Jijenge Account, Junior Member Account, Achievers Student Account, School Fees Account, Teen Member, Call and Fixed Deposit Account.

Equity Bank Accounts- Equity Ordinary Account, Current Account, Savings Accounts, Jijenge Account, Junior Member Account, Achievers Student Account, School Fees Account, Teen Member, Call and Fixed Deposit Account.

Equity Bank Accounts

Equity Bank Accounts: Equity Ordinary Account

It can be opened in the name of an individual, joint names, registered groups or registered business names.

Features

No minimum operating balance.

Benefits

No ledger fees, maintenance fees, monthly charges or minimum operating balance.
No cash deposit or cheque handling charges.

Requirements

Original and copy of national ID.

Equity Bank Accounts: Current AccountEquity Bank Accounts

A convenient & flexible medium for personal transactions.

Features

Minimum opening balance of Kshs. 5,000
No minimum operating balance
Free monthly statement and internal standing order
Cheque book at Kshs.17.50 per leaf
Overdraft facility available

Benefits

No ledger fees or monthly charges
No cash deposit or cheque handling charges
No limit on the frequency and amount of withdrawals
Equity Master Card or Equity Visa Card issued on application
Account can be operated in either KES, USD, EURO or GBP

Requirements

Original National Identity Card/Passport of all registered partners in case of a partnership
A photocopy of the original identity card or Passport
Original and two copies of the business registration certificate
Mandate to open an account signed by all partners as per the business registration certificate in case of partnership
PIN certificate and VAT certificate (original and one copy of each)
An introducer

Equity Bank Accounts: Savings Accounts

The following are saving accounts to suit individual and business goals.

Equity Bank Accounts: Jijenge Account

With the Jijenge Account, you can set aside money from your account regularly to help achieve your goals.

Features

Account opening balance of Kshs 300.
Minimum monthly contribution of Kshs. 300 per month.
No partial withdrawal. Minimum operating lock period of six months.

Benefits

Easy to open and affordable
No ledger fees
Free standing order
Convenient: one can access the account through our branches countrywide.
Flexible: Determine your saving period from six months onwards.
It encourages disciplined savings that can allow saving of small fixed amounts to build a lump sum.
Access to instant emergency loans of up to 90% of savings at lower rates.

Requirements

Original and copy of National ID.

Equity Bank Accounts: Junior Member Account

Open a Junior Member account for your child and start them off on a journey of financial independence.

Features

Account operating and opening balance of Ksh 200.
Free internal standing orders.
Two free withdrawals in a year.
On request, customers will be issued with an identification card.

Benefits

Easy to open and affordable
Affordable: No account maintenance balance or monthly charges.
Convenient: One can access the account through our branches countrywide, agents, ATM network and mobile banking.
Free home bank and e-birthday card.
Free financial education booklet.
Free financial education during Junior Member open days.

Requirements

Parent’s original and copy of National ID.
Original and photocopy of child’s birth certificate.

Equity Bank Accounts: Teen Member

Providing teens a safe avenue to save their money

Features

Account opened in the teen’s name.
Account opening/Operating balance of Ksh 200.
Two free withdrawals in a year, additional withdrawal charged at Ksh 200.

Benefits

Affordable: low account opening balance, no account maintenance fees.
Free financial educational booklet.
Free financial education every quarter.
A channel for enhancing financial literacy.
Free entry to Teen Member open days.

Requirements

Original and copy of Parent’s/Guardian’s National ID/Passport.
Original and copy of teen’s birth certificate.
Account opened in the teen’s name.
Account opening/Operating balance of Ksh 200.

Equity Bank Accounts: Achievers Student Account

This is a convenient and friendly transactional account suitable for college students.

Features

No ledger fees
Free HELB processing
No opening balance
No account maintaining balance
Discounted Visa debit/ MasterCard card

Benefits

Affordable. No account maintenance balance or monthly charges
Free incoming funds transfer
Convenient. One can access the account through our branches countrywide, agents, ATM network and mobile banking (Eazzy 247)
Free financial education booklet
No limitation on the withdrawal amount
Account transferred into Equity Ordinary Account when the holder turns 25 years

Requirements

Original student ID/Letter of admission
National ID card and photocopy
Passport for non-Kenyan students

Equity Bank Accounts: School Fees Account

Open a School Fees Account for your child and guarantee their education to the top.

Features

Account operating and opening balance of Ksh 100.
Four free withdrawals in a year.
Free internal standing orders.
3 free bankers cheques in a year for school fees payment.

Benefits

Easy to open.
Affordable: No account maintenance balance or monthly charges.
Convenient: One can access the account through our branches countrywide, agents, ATM networks and mobile banking (Eazzy 247).
It encourages disciplined savings towards school fees.

Requirements

The account is opened under the parent’s name.
Original and copy of National ID.
One can open the account for one or many children.
Individuals saving for school fees are also eligible to open this account.

Equity Bank Accounts: Call and Fixed Deposit Account

This account provides you with a medium for investment opportunities for individual savers, businesses and organizations.

Features

Minimum fixing amount Kshs.20,000
Minimum period of one (1) month
Negotiable interest rate

Benefits

Premature withdrawal of deposits allowed
Allows immediate borrowing of up to 80%
Competitive interest rates

Requirements

Original and photocopy of the National Identity Card or Passport

Equity Bank Accounts: Contact Centre

Telephone: 0763 063 000

Email: info@equitybank.co.ke