Compare 4+ savings accounts from 2+ banks in Lamu County. 42% of adults have access to financial services.
Lamu County is a UNESCO World Heritage Site with unique Swahili culture. The county is experiencing transformation with the LAPSSET port development at Manda Bay.
Lamu, Mpeketoni
Mpeketoni
Co-operative Bank of Kenya
7% p.a.
Equity Bank Kenya
10.5% p.a.
Kenya Commercial Bank
6.5% p.a.
Kenya Commercial Bank
The best savings accounts in Lamu include products from KCB, Equity Bank. Interest rates start from around 15.0% p.a. depending on the product and your credit profile. Compare all 4+ options on PesaMarket to find the best fit for your needs.
To apply for savings accounts in Lamu: 1) Compare products on PesaMarket to find the best rates. 2) Check eligibility requirements for your preferred option. 3) Visit a bank branch in Lamu or Mpeketoni or apply online. 4) Submit required documents including ID, KRA PIN, and proof of income. Most applications are processed within 24-48 hours.
Major banks with branches in Lamu include: KCB (2 branches - Lamu, Mpeketoni); Equity Bank (1 branches - Mpeketoni). You can also access mobile banking and digital loans from anywhere in Lamu.
Minimum salary requirements for savings accounts in Lamu vary by provider. Most banks require a minimum monthly income of KES 15,000-30,000 for personal loans. Digital lenders like Branch, Tala, and M-Shwari have lower requirements. Self-employed individuals can qualify with 6+ months of M-Pesa statements or business records.
Some digital lenders in Lamu offer savings accounts with flexible CRB requirements. M-Shwari, Fuliza, and some app-based lenders may approve loans for first-time borrowers or those rebuilding credit. However, most banks will check your CRB status. You can check your CRB report for free once a year at any CRB bureau.
Whether you're in Lamu, Mpeketoni, Witu, or any other part of Lamu County, you can access savings accounts from leading financial institutions. Lamu has the most bank branches, but mobile banking and digital loans are available across the entire Coast region. Our platform helps you compare rates and find the best savings accounts for your needs.
Compare 4+ savings accounts from top banks in Lamu. Find the best rates and apply online today.
6.5% p.a.