Faidi Dada Account
A unique banking solution designed to offer HER effortless access to daily banking services and transactions, customized to meet her needs and preferences. Our offerings have been customized for the woman looking to realize her financial aspirations through extending savings, investment, loan and insurance options structured to suit your individual or business requirements, as outlined below:
| THRESHOLD | EAGLET | EAGLE | GOLDEN EAGLE |
|---|---|---|---|
| Monthly Turnover/Income | Ksh. 0- 500,000 | Above Ksh. 500,000 -1 Million | Above Ksh. 1 Million |
| Minimum Account Opening Balance | Ksh. 1,000 | Ksh. 2,000 | Ksh. 3,000 |
| Minimum Account Opening Balance | No Minimum Balance | Ksh. 5,000 | Ksh. 10,000 |
| Ledger fees | No monthly ledger fees | No monthly ledger fees | No monthly ledger fees |
| Supplementary/ Emergency Loan | Up to Ksh. 100,000 | Up to Ksh. 500,000 | Up to Ksh. 1,000,000 |
| Negotiated personal accident cover at affordable rates |
Ksh. 110 per month Sum asured Ksh. 250,000 |
Ksh. 210 per month Sum assured Ksh 500,000 |
Ksh. 210 per month Sum assured Ksh 500,000 |
| Executive Services | N/A | N/A | Express Counter for all services |
| Interest accrual | No interest | Interest accrues on cleared balances for amounts above Ksh. 50,000 daily and credited to the account monthly at 3% p.a. |
Interest accrues on cleared balances for amounts above Ksh 100,000 daily and credited to the account monthly at 4% p.a. |
| Transaction fees | Transaction fees apply e.g. RTGS fees, cash withdrawal over the counter |
Transaction fees apply e.g. RTGS fees, cash withdrawal over the counter |
Transaction fees waiver for the month if a client maintains a minimum balance of Ksh 500,000 i.e., withdrawal over the counter, mobile banking, ATM) |
| Attractive Forex Rates | N/A | N/A | Enjoy competitive & attractive forex exchange rates |
| Capacity Building | Eligible to be a member | Eligible to be a member | Eligible Member of Kingdom Bank Business Club |
