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I&M Chama Account
With the I&M Chama Account you get:
I&M Chama Account
The I&M Chama Account is a transaction account In Kenya Shillings (KES) specifically designed to meet the banking needs of both registered and non-registered investment groups (Chamas). It is a specially packaged bouquet of financial products and services to empower your Chama towards wealth creation.
Features
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Account opening and minimum balance
Nil
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Account maintenance fees
Nil
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E-statements
Free
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Cheque Book Option
Available
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Ledger fees
Nil
Benefits
Competitive interest of 4% paid on account balances from KES 50,000
Access to loans for the group: Asset Finance, Mortgage, Plot loans and business loans
Loans of up to 5X your savings
Special insurance product for Chama and individual members
Access to our value-added services which include custody & investment management and insurance products.
Account transactions control through I&M Bank OTG Mobile App with dual authorization or I&M Bank OTG Web for multi-level transaction authorization
Cheque book option available
Chama contributions through Mobile Money i.e. M-PESA & Airtel Money
Service Guarantee: Cash compensation should RTGS or SWIFT Transfer fail (T&Cs Apply)
Are you ready to apply?
Click below to view the requirements to open an account with I&M Bank.