Fixed Deposit Account
Fixed deposit
A fixed deposit. You place a lump sum for a set time. The rate is fixed for that time.
Hear when this changes
The details that matter for this kind of plan
- Minimum deposit
- KES 100,000
- Minimum term
- 1 month
- Interest payout
- At set intervals or at maturity
- Early break cost
- Total interest forfeited plus KES 5,000 fee
- Indicative KES rates (11 Jun 2026)
- Call 2.70%; 1m 4.55%; 3m 4.55%; 6m 4.40% (rates vary by amount and date)
How to open this
- Open with KES 100,000
What does it cost you?
| Penalty for taking money out earlyEarly liquidation fee (in addition to total interest forfeited) | KES 5,000 |
|---|---|
| Taken off each payment you makeyour deposits. Nothing is taken off the money you pay in — this account's charges are monthly and per transaction, and are listed above | Nothing |
What if you stop paying?
There are no monthly payments. Your money stays until maturity unless you break it.
What if you need the money early?
If you break it early, you forfeit all interest and pay a KES 5,000 fee.
Who this suits
You can leave cash untouched for 1 to 6 months and want a fixed return.
You may need the cash before maturity or want a published rate card online.
What they tell you
- What is the smallest amount you can start with?KES 100,000.
- Are all their charges published?Yes, every charge they mention has a figure against it.
Talk to them
- Website: ncbagroup.com
Compared with the others
There are 6 other plans of this kind on the board. See all 7 side by side — what each one leaves you with, and which of them will not say.
What has changed here
- 28 August 2026
- Taken off each payment you make is now 0%, and was not published before
We started keeping this record in August 2026. Anything that changed before then is not here. The whole board's record.
What the documents actually say
Every figure above was read out of a document. These are the sentences, word for word, so you can check them rather than take our word for it.
“Cash Withdrawal (OTC) Consumer Banking — Amounts above Kshs 80,000 and below Kshs 1M — KES. 325”
“Cash Withdrawal (OTC) Consumer Banking — Amounts below 80,000 — KES. 100”
“Fixed Deposits — Flexible interest payment options, allowing interest to be paid at different intervals or upon maturity.”
“Fixed Deposits — Minimum Investment Term — One Month”
“Fixed Deposits — Minimum Operating Balance — KES 100,000”
“High Yield Account — Available tenure : 1, 2 & 3 Years”
“High Yield Account — Interest Payout Frequency: Monthly”
“High Yield Account — Operating Balance — KES 1M”
“High Yield Account — Penalty on Liquidation Before Maturity: Forfeiture of one month interest – one month interest will be deducted prior to release of the funds back to the customer. Interest earned for the period between the last interest payment date and the liquidation date will not be payable.”
“Indicative Deposit rates — Tenor KES — Call 2.70% — 1 month 4.55% — 3 months 4.55% — 6 months 4.40%.”
“SAVINGS ACCOUNT — Ledger Fee — Nil”
“Term Deposit liquidation prior to maturity — Total interest is forfeited — KES 5,000.00 Flat fee”
“What are the withholding tax rates? ... Qualifying interest / Interest — 15% (resident) — 15% (non-resident) — Final for individuals (from financial institutions listed in the Income Tax Act).”
Where we got this
- NCBA Kenya – Deposit Accounts (Fixed, Call, High Yield)the company itselfRead on 2026-08-22
- NCBA Kenya – Tariff Guide (Final Tariff-Guide-A3 Original 05.26)the company itselfRead on 2026-08-22
- NCBA Daily Market News – Indicative Deposit Rates (June 11, 2026)the company itselfRead on 2026-08-22
- Read on 2026-08-22