Below are branches for Salaam Microfinance Bank, loans and types of accounts:
Salaam Microfinance Bank Accounts
Current Account
Requirements
- National ID/Passport- Original
- KRA pin
- Minimum balance -KES 1,000
- Passport photo
The Benefits
- Access to transactions and services at branches, ATMs, mobile money, internet
- Access to cheque book
- Free e-statements
- Available in other currencies
Saving Account
Requirements
- National ID / Passport- Original & copy
- KRA pin
- Minimum opening balance -Kes. 1,000
- Passport photo
The Benefits
- Attractive profit rates
- Access to internet, Mobile, ATM & Agency banking
- Free e-statements
Term Deposit Account
Requirements
- National ID / Passport- Original & copy
- KRA pin
- Account opening fee
- Passport photo
The Benefits
- Available in other currencies
- Free e-statements
- Attractive profit rates
- Flexible Tenures
Group Saving Account
Requirements
- National ID / Passport- Original & copy
- KRA pin
- Account opening fee
- Passport photo
- Group certificate of registration
- Group constitution
- Confirmed and duly signed minutes of meeting where a resolution to open an account with SMFB was passed
The Benefits
- Flexible savings period
- Access to loan facilities
- Flexible investment scheme
- Attractive interest rate
- Access to mobile banking
Salaam Microfinance Bank List of loans
Salaam Auto-Financing
Requirements
- National ID / Passport- Original & copy
- KRA pin
- Account opening fee
- Passport photo
The Benefits
- TAT for approval is 48 hours
- Attractive interest rate
- Financing of up to 90% of the forced value of the car
- Flexible repayment period
- Financing of both used and new cars
- Easy and efficient application process
Personal Finance
Requirements
- National ID / Passport- Original & copy
- KRA pin
- Account opening fee
- Passport photo
The Benefits
- No minimum operating balance
- Free deposits
- Free e-statements
- Attractive interest rate
- Flexible repayment period
Working Capital Finance
Requirements
- National ID / Passport- Original & copy
- KRA pin
- Must have an account with us
- Passport photo
The Benefits
- Attractive interest rate
- Easy repayment period
- Approvals within 24hrs
Group Investment Facility
Requirements
- National ID / Passport- Original & copy
- KRA pin
- Account opening fee
- Passport photo
- Minutes of the meeting with the name of the officials
- A minimum of three members
The Benefits
- No minimum operating balance
- Flexible monthly repayment
- TAT of 24hrs
Takaful Premium Financing
Requirements
- Copy of National ID
- KRA pin
- Have Salaam MFBank account
- Company Pin and CR12
- Director’s copies of ID/Passport and KRA Pin
- Insurance debit note or quotation
- Board resolution, Certificate of Incorporation and Memorandum & Articles of Association
The Benefits
- Profit rate to be based on guidance from Insurance company.
- Easy access and convenient to the customer
- Easy and equal monthly instalments
Salaam Microfinance Bank Contacts
Head Office, Park Plaza
Opposite Jivajee Garden
Moktar Daddah Street
www.salaammfbank.co.ke
info@salaammfbank.co.ke
Helpline Phone No.
+254-718373737
+254-710544444
+254-717233333
Visit our Branches
Salaam Microfinance Bank Branches and Contacts
Park Plaza Branch
Moktar Daddah Street
Nairobi
+254-703591302
08:00 AM – 04:30 PM
Mon, Tues, Wed, Thur, Fri, Sat
Banking Services
Kimathi Branch
Biashara Street, Nairobi
Nairobi
+254-703591302
08:00 AM – 04:30 PM
Mon, Tues, Wed, Thur, Fri, Sat
Banking Services
Eastleigh Branch
1st Avenue Eastleigh
Nairobi
+254-703591302
08:00 AM – 04:30 PM
Mon, Tues, Wed, Thur, Fri, Sat
Banking Services
