How KCB M-PESA work: Stp by Step Procedure

    You will not be able to top-up to the amount saved.
    Locked periods include 1, 3, 6, and 12 months with minimum amount of Kshs.500.
    Upon early or premature redemption, you will forfeit all interest accrued.

    You get cash back immediately to KCB M-PESA account on prompting cash back
    You also get Life insurance benefit based on fixed deposit savings.

Target Savings Account

This account allows you to set a target and make deposits towards achieving that target.

How does it work?

    1. You will top up continuously until you achieve your target.
    2.The account is accessible with standing orders from M-PESA or KCB M-PESA Account
    You can choose from target periods of 1, 3, 6 and 12 months with minimum contribution of Kshs.50.
    3.You will also earn interest on cumulative interest
    4. You are allowed up to 4 withdrawals within target lock period to maintain interest.
    5. You will get cash back immediately to your KCB M-PESA account on prompting cash back
    6.   You benefit from exciting Interest rates of 1 month (3%), 3 months (4%), 6 months (5%) and 12 months (6%)