This is a savings account that allows M-Shwari customers to save for a defined purpose and for a specified period of time. The funds saved on the M-Shwari Lock Savings account will be kept in the account until the maturity date. The maturity date which is between a period of one to six months will be set upon opening the account.
Steps to open the Lock Savings Account
- Go to M-PESA
- Select Loans and Savings
- Select M-Shwari
- Select Lock Savings Account
- Then select Open Account to join
The M-Shwari Lock Savings account will help you not only save for a rainy day, but also earn you interest on your savings.
Rock your dreams today by opening the Lock Savings Account.