Lofty Carbon is one of the best Money Market Funds in Kenya. As of 2024 their interest was 18.30% per year. This means that if you invest Ksh 1 million in the fund, you will earn over Ksh 183,000 per year.
Reviews give Lofty Carbon high ratings as it is regarded as one of the best companies to manage your finances. You will be sure that your money is safe.KCB Bank is the company’s trustee. The bank is very stable.
Lofty Carbon Minimum Investment
Minimum Investment=Ksh 1000
Minimum additional investment
Additional Investment=Ksh100
The Ksh 100 is the minimum amount you will be saving at Lofty MMF any time you wish to save. It will generate interest daily.
Annual Management Fee
The annual management fee charged on your investment is 2%.
Lofty Carbon Customer Care Contacts
Location: IPS Building, First floor, Nairobi, Kenya
Email:info@loftycorban.com
Phone:0111 051380
You can also contact them through their social media handles.
Lofty Carbon Money Market Fund Paybill and How to deposit money to the fund
The Mpesa Paybill Number for Lofty Carbon is 8752530. This is the number you will use to send money to the company.
How to deposit money to Lofty Carbon Money market Fund via Mpesa
- Go to Mpesa
- Select Lipa Na Mpesa
- Select Paybill
- Enter Business Number :8752530
- Enter Account Number: Your Member Number
- Enter Amount..eg Ksh 1000
- Enter Mpesa Pin and send
You will receive a confirmation message from lofty Carbon that the money has been received.
Lofty Carbon Equitel Paybill
You can use Equitel Paybill to pay for MMF.Their Paybill is 8752530
Again the Account number is your member number.
How to withdraw money from Lofty Carbon Money Market Fund
Send an email to service@loftycorban.com indicating the amount you wish to withdraw. Please quote your member number.
You will receive a confirmation message from the company and the money will be credited to your account within 2 business days.
Withdrawal charges
They charge Ksh 500 for subsequent withdrawals in a year but the first withdrawal is free. This is to discourage you from withdrawing your money as you wish.
If you want a place where to withdraw money as you wish, open a current account with a Kenyan bank.
Why you should invest in Lofty Carbon Money Market Fund
The company’s interest rate is one of the highest in the industry, which means that you will get high returns. The additional investment is affordable to everyone. Ksh 100 can be saved by even the boda boda operators.
It’s also a trusted company where you are able to invest money and be 100% sure it won’t be lost.
Money Market Fund is better than Fixed Deposit Account because of the high interest rate it generates. Since Lofty is among the best, it should be your first choice.
It helps you to have financial discipline and build wealth.
How to invest
Using the contacts provided above, write them an email or make a call inquiring on how to invest.They will require your personal information, copy of ID and KRA Pin.You will then be provided with Member Number which is a unique identity. The Member Number will be your account number.
