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fixed deposit rates
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madhaquer
#1 Posted : Thursday, January 12, 2012 3:56:28 PM
Rank: Member


Joined: 11/10/2010
Posts: 281
Location: Nairobi
Hello Wazuans

I have a stalled project and want to put the cash into a fixed deposit account for like 3 months.
so far i have muramati at 5% for 100k and above.
http://www.muramatisacco...p;id=113&Itemid=139

Any suggestions on competitive interest rates ?
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For Sport
#2 Posted : Friday, January 13, 2012 7:36:26 PM
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Joined: 12/23/2010
Posts: 1,229
Central Bank of Kenya
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nikimani
#3 Posted : Monday, January 16, 2012 4:45:27 PM
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Joined: 1/9/2012
Posts: 23
old mutual money market, 12%.
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madammary
#4 Posted : Monday, January 16, 2012 4:51:49 PM
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Joined: 9/23/2011
Posts: 175
Location: Nairobi
You could negotiate for a rate higher than 5% with CFC-STANBIC BANK.
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Thiong'o
#5 Posted : Wednesday, January 18, 2012 1:20:33 PM
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Joined: 10/14/2011
Posts: 661
For Sport wrote:
Central Bank of Kenya


Yes, CBK –Risk free
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githundi
#6 Posted : Sunday, January 22, 2012 11:19:37 PM
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Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
Thiong'o wrote:
For Sport wrote:
Central Bank of Kenya


Yes, CBK –Risk free

>1m, you can get 18% @ Scb.
Democracy does not belong to the dead
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Impunity
#7 Posted : Wednesday, January 25, 2012 6:51:52 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,325
Location: Masada
githundi wrote:
Thiong'o wrote:
For Sport wrote:
Central Bank of Kenya


Yes, CBK –Risk free

>1m, you can get 18% @ Scb.



RINK?
Kes. 180,000 (less 15% tax) isnt byaaad.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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anika66
#8 Posted : Monday, February 13, 2012 12:51:01 AM
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Joined: 2/25/2010
Posts: 158
Try CIC Money Market Fund.Daily rates fractuate between 13 to 18 %. I think this is good.
Keeping it all in the family
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sjumani123
#9 Posted : Tuesday, May 08, 2012 12:35:31 PM
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Joined: 5/8/2012
Posts: 3
Fixed deposits are one of the best and most common types of savings schemes for the investors. I have just invested in Yes bank's fix deposit account. The bank offers me great interest rate on my investment.
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Wondergirl
#10 Posted : Tuesday, May 08, 2012 1:53:32 PM
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Joined: 9/12/2009
Posts: 312
nikimani wrote:
old mutual money market, 12%.

Is this risk free like fixed deposit?
What the rate?
How flexible is it?
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morre
#11 Posted : Wednesday, May 09, 2012 7:54:30 AM
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Joined: 1/5/2011
Posts: 93
sjumani123 wrote:
Fixed deposits are one of the best and most common types of savings schemes for the investors. I have just invested in Yes bank's fix deposit account. The bank offers me great interest rate on my investment.


details?
If you dont want to use plan B, have a good plan A.
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QW25091985
#12 Posted : Wednesday, May 09, 2012 8:02:56 AM
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Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
stock market 100% on your stocks . BUY STOCKS !
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Horton
#13 Posted : Wednesday, May 09, 2012 8:22:26 AM
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Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Dtb @15%
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newfarer
#14 Posted : Tuesday, March 29, 2016 7:52:03 PM
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Joined: 3/19/2010
Posts: 3,504
Location: Uganda
any ideas on the best deposit interest rates in the market current.one month onwards 300000-1000000
punda amecheka
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newfarer
#15 Posted : Wednesday, March 30, 2016 9:22:56 AM
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Joined: 3/19/2010
Posts: 3,504
Location: Uganda
no one with a lead ,can't find old mutual rate ?
punda amecheka
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Impunity
#16 Posted : Tuesday, April 05, 2016 2:00:07 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,325
Location: Masada
newfarer wrote:
any ideas on the best deposit interest rates in the market current.one month onwards 300000-1000000


Amana Capital.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Swenani
#17 Posted : Tuesday, April 05, 2016 2:51:44 PM
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Joined: 8/15/2013
Posts: 13,236
Location: Vacuum
Impunity wrote:
newfarer wrote:
any ideas on the best deposit interest rates in the market current.one month onwards 300000-1000000


Njunge aka Guka Capital.

If Obiero did it, Who Am I?
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jerry
#18 Posted : Wednesday, May 25, 2016 1:10:52 PM
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Joined: 9/29/2006
Posts: 2,570
Horton wrote:
Dtb @15%

What's the latest?
The opposite of courage is not cowardice, it's conformity.
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Horton
#19 Posted : Wednesday, May 25, 2016 1:52:10 PM
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Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
9% i was told
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jerry
#20 Posted : Wednesday, May 25, 2016 5:35:21 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Horton wrote:
9% i was told

Thanks @Horton.

If I invested/fixed 3M I expect 270,000/= less W/T at 15% I believe. That's a net of 229,500/= or 19,125/= p.m.

There must be a better way to invest the 3M ama?
The opposite of courage is not cowardice, it's conformity.
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