How to Open a Kingdom Bank Junior Savings Account

Opening a Junior Savings Account with Kingdom Bank is a simple process that ensures you start saving for your child’s future while enjoying a range of exciting benefits. Here’s a step-by-step guide:

Account Features at a Glance

• Minimum Opening Balance: KSh 500
• Minimum Operating Balance: KSh 500
• Interest Rate: 2% per annum for balances above KSh 5,000
• Benefits:
  • Free piggy bank upon account opening
  • Free birthday card/gift for your child
  • Discounted bank cheques for school fee payments

Requirements to Open the Account

To open the Junior Savings Account, you need the following:

1. Parent’s or Guardian’s Original ID Card or Passport
2. Copy of the Child’s Birth Certificate
3. Copy of Parent’s or Guardian’s KRA PIN Certificate

Steps to Open the Account

1. Visit a Kingdom Bank Branch
   • Locate and visit any of the 22 Kingdom Bank branches across the country.
2. Provide the Necessary Documents
   • Submit the required identification and verification documents, including your ID, your child’s birth certificate, and your KRA PIN.
3. Complete the Application Form
   • Fill out the Junior Savings Account application form provided by the bank.
4. Deposit the Minimum Opening Balance
   • Make an initial deposit of at least KSh 500 to activate the account.
5. Receive Your Welcome Package
   • Upon successful account opening, you will receive a free piggy bank for your child to encourage a savings habit.
6. Start Saving and Enjoy Benefits
   • Begin saving and enjoy benefits such as discounted cheques for school fees, birthday gifts, and competitive interest rates.

Why Choose the Junior Savings Account?

Kingdom Bank’s Junior Savings Account is designed to help parents and guardians save effectively for their children’s future while teaching them financial responsibility.

The account provides flexibility, convenience, and attractive rewards for both parents and children.

Visit your nearest Kingdom Bank branch today and open a Junior Savings Account to secure your child’s bright future!