Equity Bank EazzySave Account Details, Requirements

The Equity Bank EazzySave account is a flexible savings solution that helps you to set aside money for your future and earn interest on your savings.  You have access to your money at any time and you will earn an annual interest rate if your savings exceed Ksh. 20,000.

This account is ideal for individuals (singly or jointly) looking to build their savings or registered groups saving for a common goal.

Features of EazzySave Account

• You can save at your own pace. There’s no minimum balance required to open or maintain the account.
• Earn interest as high as 7% on savings of Ksh. 20,000 and above.
• The account has no monthly charges.
• You can make cash and cheque deposits into your account.
• You can access and manage your account easily through mobile banking (Equitel or EazzyApp), Equity branches, or Equity Agents.
• You can make one free monthly withdrawal.
• Set up free internal standing orders to move funds between your EazzySave account and other Equity accounts.

Requirements for Opening the EazzySave Account

• For Individuals (singly or jointly): Original ID card and KRA PIN certificate.
• For Registered Groups: Registration Certificate, Constitution, minutes of resolution to open account certified by the District Social Development officer (DSDO), and an introduction letter from the DSDO.

How to Open the Equity Bank EazzySave Account

1. Visit your nearest Equity Bank branch.
2. Present the required documents.
3. Carefully fill out the application form issued.
4. The bank will then process your application.
5. Congratulation! You can start saving in your account.

While the EazzySave account focuses on saving your money, Equity Bank offers a variety of other accounts and products to suit your financial needs.

If you’d like to explore their wider range of offerings, you can visit their website for more details.