Faida Fixed Deposit Account is an investment avenue that earns you very attractive and competitive interest returns, aimed at customers with funds to invest for periods between 1- 36 Months.
Benefits of Faulu Faida Account
- High yield investment account – up to 12% P.a
- Faida Fixed Deposit Account is available both on call and fixed deposit option
- Returns on your investment are paid on maturity of the contract
- You can use your Faida Fixed Deposit Certificate as security for a loan or overdraft
- Deposits from Ksh 5,000 to millions to enjoy the returns
- Safe place to keep your money – Faulu Microfinance Bank is licensed and regulated by the Central Bank of Kenya
- Convenient account opening process – Faulu agents can come to your location
Requirements for Opening Faulu Faida Account
For Individuals: Complete account opening form
- Original and Copy of National ID or Valid Passport 2 passport photos.
Registered Groups / Associations /Chamas
- All as under individuals
- Registration certificate
- Constitution
Organizations / Companies/ Businesses
- All as under individuals
- Certificate of registration memorandum & articles of association.
Get to the nearest Faulu branch to Faulu (succeed) with the Faida Account today!
- To know your returns, SMS the word ‘FAIDA’ and amount to 0708 000 111
- For Faida Account enquiries, Send an email to: [email protected]