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NCBA Investment Bank

NCBA Money Market Fund

Money market fund · Regulated by the CMA

Grows at
3.87% a year
after their charges

Your money is lent out short term, to banks and to the government. You can add to it or take it out when you want. It grows slowly and steadily.

Hear when this changes

What to watch out for

  • The rate on the page is dated to the day, which is rare here. It was 6.92% on 18 August 2026.
  • That rate is well below what most other funds on this board were quoting on the same day.
  • Interest is taxed at 15%, taken before the money reaches you.
  • NCBA Investment Bank is supervised by the Capital Markets Authority.
Try your own numbers
How

If you put in KES 5,000 a month for 5 years

You pay in
KES 300,000
Charges take
KES 16,345
Tax takes
KES 8,441
You'd end up with
KES 331,490
If you stop after 2 years instead

You would have paid in KES 120,000.

They do not publish what you would get back if you stopped early. You would have to ask them.

  • · Based on paying KES 5,000 a month for 5 years.
  • · They never say whether their advertised return is before or after charges. We assumed before, which is the less flattering reading.
  • · 15% tax comes off the interest before you get it. They do not say if their rate already allows for it, so we took it off.
  • · The rate is not fixed. It can fall.
  • · Worked out from the company's own published figures.

The details that matter for this kind of plan

How fast you get your money
One working day after you ask

How to open this

  • Open with KES 1,000
  • top up from KES 1,000
  • your money is 1 working days away

What does it cost you?

Paid to the trustee or custodian who holds the moneythe fund0.1% a year
Paid to the bank that holds the moneythe fund0.135% a year
Yearly charge on your moneythe fund2% a year
Charge for taking money outthe money you take outNothing
Taken off each payment you makethe money you put inNothing

What if you stop paying?

Nothing happens. There is no set payment to keep up. Your money stays in the fund and keeps earning.

What if you need the money early?

There is no fixed term. The money reaches you one working day after you ask. The page does not mention any charge.

Who this suits

It could work for you if

You bank with NCBA already and you want the money to move quickly.

Think twice if

You want to compare cost. NCBA prints a rate and no charges at all.

What they tell you

  • What do they charge you every year?
    2% a year, taken from the fund.
  • What is taken off the money you pay in?
    Nothing. They state there is no charge here.
  • What is the smallest amount you can start with?
    KES 1,000.
  • Are all their charges published?
    Yes, every charge they mention has a figure against it.
  • Do they say who regulates them?
    Yes — the CMA. That is who you complain to.

Talk to them

Compared with the others

There are 24 other plans of this kind on the board. See all 25 side by side — what each one leaves you with, and which of them will not say.

How current is this rate?

The 6.92% on this page is the rate NCBA Investment Bank quoted, as at 2026-08-18 — 2 months old.

NCBA shows an effective annual rate of 6.92% beside a daily yield of 6.71%, dated to the day. It does not say whether its own charges have already been taken off.

What has changed here

  • 28 August 2026
    • Smallest top-up is now KES 1,000, and was not published before
    • Yearly charge on your money is now 2% a year, and was not published before
    • Taken off each payment you make is now 0%, and was not published before
    • Charge for taking money out is now 0%, and was not published before
    • Paid to the trustee or custodian who holds the money is now 0.1% a year, and was not published before
    • Paid to the bank that holds the money is now 0.135% a year, 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.

Where we got this