Salary Account

Make your salary work for you with a Salary Account

 Salary Account

Reduce your mid-month cash crisis by having access to cash advances and personal loans with Co-op Salary Account.

This is a transactional account designed to facilitate salary processing. It’s targeted at employees and is arguably the best salary account in Kenya

Features

  • Minimum opening balance – Nil
  • Minimum operating balance – Nil
  • No Monthly Maintenance fee
  • Salary processing fee applicable
  • Access to Asset products such as Unsecured Personal Loan, Asset Finance, Mortgage and Cash Advance.
  • Debit card
  • Access to a credit card
  • Can be opened digitally via the Co-op Bank and YEA Apps.

Requirements

  • Identity card/ Passport- original and copy
  • Passport Photo (To be taken at the branch)
  • Ksh. 600 for the Debit Card (inclusive of Excise Duty of 20%)
  • Copy of KRA PIN
  • A letter of introduction from the employer is not required

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