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Best bank in Kenya for salary account

Business This Day

There are factors you should consider when opening a salary account in Kenya. Some banks are the best because they charge low fee on withdrawals, the money reflects in your bank within a short time. The banks also provide salary advance loans.Always go for the best rated banks where you receive your salary and use the account without unrealistic charges.

Here is the list of best banks for salary account in Kenya:

COOPERATIVE BANK

Salary Account

Features

Requirements

KCB BANK

Jiinue/Salary Account

Salaried? Let us help you save, send and receive money affordably with the Jiinue account. That is not all, you can access facilities of upto Kes 2m.Let us open your account today, shall we?

Requirements

Documentation Fee & Service fee*

FAMILY BANK

Salary Account

Family Bank Salary Account is the ideal personal bank account for employed customers. It is an easy and convenient solution that allows you to access your salary, allowances and wages. Get up to 50% of your net pay as salary advance instantly. Sign-up and let this account take care of your finances while you work.

Features

    No minimum opening balance

    No minimum operating balance

    Visa Debit Card available at KES 500

    Affordable salary processing fee

Benefits

    Free monthly e-statements

    Access to salary advance of 50% of your net salary

    Access to salary loan after 6 months’ salary credits

    Access to check-off loans with a repayment period up to 84 months

    Access to credit cards

    Access to insurance cover

    Asset financing available

    Access to alternate banking channels: PesaPap Mobile Banking, Internet Banking and Agency Banking

Requirements

    Fill the account application form available at your nearest branch

    Original and copy of national ID or passport

    Any amount of money to open the account

    Customer identification photo will be taken at the branch

  Introduction documents such as bank statements, introduction letter from another customer, a copy of utility bills in the customer’s name

NCBA BANK

Salary Account

For when you need a low-cost, low transactional salary processing account for your everyday banking needs.

Features and benefits of this account include: 

DIAMOND TRUST BANK

This is a transactional account for the salaried individual. Customers can opt to have a debit card for this account and salary processing for the corporate client is carried out through the internet banking platform

Benefits

Features

Requirements

Charges

HF GROUP

HFC Salary

This is one of the best salary account in Kenya designed for employed people earning a monthly salary.

Features & Benefits

Here is why you should open a HFC Salary Account:

Requirements

You need the following to open a HFC Salary Account:

  1. ID
  2. KRA PIN Certificate
  3. Physical address confirmation
  4. Introduction letter by employer

ACCESS BANK

Salary Account

Features

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GULF AFRICAN BANK

SALARY ACCOUNT

Benefits

Features

Requirements

ABSA BANK

Benefits of this account

Requirements for this account

BANK OF BARODA

Baroda Kenya Salary account

Features

BANK OF AFRICA

Pay as you go salary

A product geared to cater for individuals earning a net salary of less than Kes 25,000

Target:

Employees earning less than 25,000 a month.

Features:

Benefits:

Requirements:

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