Interest Rates

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Interest Rates 2017-02-09T05:40:40+00:00

First Merchant Bank offers fixed deposits at attractive interest rates.

Fixed Deposit Rates

We would like to advise our customers and the general public of our adjusted interest rates with effect from 3rd April 2017, as follows:

Revised Interest Rates
Base Lending31.00%
Call Accounts
7 Day Call6.00%
30 Day Call8.00%
Fixed Deposits*
1 Month8.00%
2 Months10.00%
3 Months9.00%
Above 3 MonthsNegotiable
Savings Accounts7.00%
Fast Accounts5.00%
(Balances above K5,000)
Current Accounts0.15%
(Balances above K500,000)
Interest rates are subject to change without notice.

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