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Zimele Junior Plan

You need to give your children a head start in life when it comes to matters of personal finance. It’s up to you to open the door for them.

The Zimele Junior Plan helps you teach your children the values of personal finance like saving, investing, delayed gratification, and at the same time securing their financial future.

The Zimele Junior Plan is flexible, enabling you to tailor it to your needs. Whether you want to save for their education, expenses, emergencies, cultivate a goal-based savings culture, or simply to secure their financial future, this is the plan for you.

Features and Benefits

  • Ideal for children of all ages
  • Minimum deposit amount of Ksh.100, no upper limit
  • No minimum balance requirement
  • Interest compounding
  • No hidden charges
  • 360 digital experience (Online account opening, M-Pesa or bank deposits, online statement view, online withdrawal)
  • Lock-in period based on goals
Zimele Junior Plan

How Do You Join?

 Simply fill the form below to join.

TERMS AND CONDITIONS
1. The minimum investment amount is Kshs. 100/=
2. A member may liquidate part or all of their investment.
3. When you are withdrawing money to Mpesa, the funds are received within 24hrs or a maximum of 2 working days while withdrawals to the bank will be received within 3 working days.
4. Inter-fund transfers are allowed subject to administration fees, where applicable.
5. Any inter-fund transfer must be in writing, dated and signed by the holder of the account.
6. Members placing standing orders must fill in the standing order form and attach a copy of the instructions given to their bank.
7. There are no withdrawals fees, penalties or hidden charges
8. Funds sent via mobile money transfer services will attract standard charges levied by the respective service providers.
RETURNS ON YOUR INVESTMENTS
1. Investment returns in the Balanced Fund are not guaranteed. Always remember that the value of your investment can rise or fall and that you may not get back the full amount you had invested, depending on prevailing market conditions. Past performance is not an indicator of future performance. The Balanced Fund should therefore be considered as a medium to long term investment.
2. The principal amount in the Money Market Fund is not subject to fluctuations during the period of investment. Interest in the Money Market Fund is earned on a monthly basis and will vary from time to time based on conditions prevailing in the money market.
DECLARATION
I confirm that the record provided to establish our identity is accurate. I hereby declare that all of the monies I invest in the Zimele Unit Trust Funds, whether periodically or as a one-off contribution are from a legitimate source, and not from the proceeds of crime, money laundering or other illicit activities. Furthermore, we accept that should there be any justifiable suspicion as to the possibility that we, or another party acting on our behalf, may have engaged or been a participant in money laundering and related offences as outlined in the Proceeds of Crime and Anti-Money Laundering Act 2009, we shall absolve Zimele of any liability and assist the relevant authority with investigations on the same.
I have read and fully understood the contents of this document. I have accepted and complied with the terms and conditions as amended in so far as this application may affect our investments. I indemnify the Trustees, Fund Manager and Custodian of the funds against any contravention of these terms and conditions caused by my failure to comply with any provision thereof.

Target Savings Calculator

5

Note:
This estimate assumes an average interest rate of 9%

Future Savings Calculator

1

Note:
This estimate assumes an average interest rate of 9%

Make a Deposit

KENYA COMMERCIAL BANK

Branch: Custody Services

The Account Name: Zimele Unit Trust Money Market Fund

Account Number: 110-238-8815

ABSA BANK KENYA LIMITED

Branch: Absa Towers

Those investing in the Money Market Fund

The Account Name: Zimele Unit Trust Money Market Fund

Account Number: 03077-500-6757

STANDARD CHARTERED BANK

Branch: Head Office

Those investing in the Money Market Fund

The Account Name: Zimele Unit Trust Money Market Fund

Account Number: 0105-016-758900

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