Are you and individual or a chama or a sacco?How about getting good returns for your cash instead of putting it in a peggy bank?
Worry not,CIC Money Market is here.
The money market operates like a savings
account only that it give interest on top of
your savings.you can save as much as you can
with a minimum top up of 1,000ksh any time
you have money, and the minimum account
opening balance is 5,000ksh.
Its a good account for short term investors and
also anyone who has idle money in the bank.
The interest is calculated on a daily basis only
that it gives the interest at the end of the
month, it is also compounded on a monthly
basis, giving you higher returns compared to
fixing your money in a fixed deposit accounts.
CIC MONEY MARKET has no operational fee or
cost what we they have is withholding tax which is
deducted on the interest you get at the end of
the month.This can go for about 1% p.a
It is a safe parking for your funds because one
can never loose his money the only thing that
changes is the interest rate.
CIC Money Market usually gazette the interest rate from
Tuesday to Saturday every week so that one can
follow their growth.Also they do send statements to each account
holders every end of the month.
So you are welcome to join, be it an individual,
a company,a chama or even a Sacco, anyone
with idle money is welcome to join .
For more information please reach an expert through
this number 0724392739. Or read the full article on Money Market.
