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Savings Account

Gulf African Bank Savings Account

Gulf African Bank

Last updated: April 16, 2026

Reviewed byPesaMarket Research Team
|Last verified: Apr 16, 2026
★★★★★
0/5
Based on 0 Reviews
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Interest Rate
2.9% p.a.
Credit Limit
N/A
Approval Time
N/A
Processing Fee
None

Rating Breakdown

5★
(0)
4★
(0)
3★
(0)
2★
(0)
1★
(0)
Total: 0 Reviews

Pros & Cons

Pros

  • Sharia-compliant banking
  • Competitive profit rate (2.9%)
  • No monthly fees
  • 15 branches across Kenya

Cons

  • Returns not guaranteed (profit-sharing)
  • KES 1,500 minimum opening balance

Customer Reviews

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Product Details

Features

  • Earn up to 2.9% expected profit p.a.
  • Sharia-compliant (no interest, profit-sharing)
  • No monthly maintenance fees
  • Free Visa debit card
  • Mobile & internet banking
  • Free monthly e-statements
  • Access via 15 branches
  • 24/7 customer support

Eligibility Requirements

Age: 18 years

Required Documents

  • National ID or Passport
  • KRA PIN certificate
  • Passport-size photo

Ready to Apply?

Get started with Gulf African Bank Savings Account today. Fast approval and competitive rates.

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Application takes less than 10 minutes

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  • Independent ratings and analysis
  • Regularly updated product information
  • Transparent review methodology
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