1 Product🏦 Fixed Deposits
Development Bank of Kenya
Compare all 1 products from Development Bank of Kenya in Kenya. Rates from 5.5%.
5.5%
Lowest Rate
1
Total Products
1
Categories
5.5%
Lowest Rate
N/A
Fastest Disbursement
🏦
Fixed Deposits
1| Product | Rate | |
|---|---|---|
Development Bank of Kenya Fixed Deposit Account | 5.5% - 8% | Apply |
Development Bank of Kenya Pros & Cons
+Pros
- ✓Top-of-market rates (up to 8.0% p.a.)
- ✓Personalised banker relationship
- ✓Low minimum (KES 10,000)
- ✓KDIC insured up to KES 500,000
-Cons
- ✗Limited branch network
- ✗Digital channels less developed
- ✗Less brand recognition than Tier 1 banks
Eligibility Requirements
CRB Check Required
Not required
Required Documents (across all products)
- ●National ID or Passport
- ●KRA PIN certificate
- ●Passport-size photo
- ●Proof of source of funds (for deposits above KES 500,000)
Frequently Asked Questions
What interest rates does Development Bank of Kenya offer?
Development Bank of Kenya offers interest rates ranging from 5.5% to 8% across their 1 products. The exact rate depends on the product type, loan amount, and your credit profile.
Does Development Bank of Kenya require CRB clearance?
Development Bank of Kenya does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.
How many products does Development Bank of Kenya offer on PesaMarket?
Development Bank of Kenya currently has 1 products listed on PesaMarket across 1 category: Fixed Deposits.
Apply Now
Visit Development Bank of Kenya to explore their products and apply online.
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Compare Development Bank of Kenya With
Best For
- ✓Yield-focused savers
- ✓HNW individuals seeking bespoke service
- ✓Private clients and family offices
- ✓Long-term guaranteed returns
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