Frequently Asked Questions
Nawiri KSHS
What is the minimum investment amount?
The minimum amount for Nawiri Kes is 100,000.
Can one withdraw the funds before the tenure ends?
One can withdraw the amount before the tenure at a
rate that will be discussed at that particular time the need to withdraw the
funds arises.
What are the charges and fees on Nawiri Ksh?
The only charge applied for Nawiri Kes is 15%
withholding tax.
What payment methods are available at the end of the tenure?
We have three payment modes;
Cheque-If you payment preference is by cheque we will
prepare the same at the end of the tenure. There are no charges for a cheque.
Can one top up their investment?
Any investment at any
given time will be treated as a new investment.
How safe is Nawiri KSH?
The underlying assets for Nawiri Kes is the issued
Government of Kenya Treasury Bonds and Treasury Bills making it a safe
investment.
Nawiri USD
What is the minimum amount for this product?
The minimum amount for Nawiri USD is $ 1,000.
How safe is it to invest in Nawiri USD?
Nawiri USD is backed by Government of Kenya Eurobonds
making it a secure investment.
Mkopo Dhamana
What is margin trading?
Lending our clients to buy pre-qualified shares on the
NSE
What is the loan payment period for margin trading
The loan payment is 3
months or if the Market Value of Securities held falls below: 80% of the loan amount even before the 3
months.
What is the interest charged on margin trading
Interest
shall accrue on a daily basis at (0.1%)
per day for each day that the Loan remains outstanding. Interest shall be
debited daily in arrears.
What securities do I need to access the loan
APPROVED
PRE-QUALIFYING SECURITIES
Listed
securities of the following Companies:
1.
Safaricom Plc
2.
East African Breweries Ltd
3.
BAT Kenya Plc
4.
Barclays Bank of Kenya Ltd
5.
Equity Group Holdings
6.
KCB Group Plc
7.
Standard Chartered Bank
Kenya Ltd
8.
NIC Bank Limited
9.
Co-operative Bank Limited
How long does the loan processing take.
Upon signing an agreement the approval is in 24 hours.
Loan Against Shares
What is the loan payment period for Loan Against shares
The loan payment is 3
months or if the Market Value of Securities held falls below: 80% of the loan amount even before the 3
months.
What is the interest charged on Loan Against Shares
Interest shall
accrue on a daily basis at (0.12%)
per day for each day that the Loan remains outstanding. Interest shall be
debited daily in arrears.
What securities do I need to access the loan
APPROVED
PRE-QUALIFYING SECURITIES
Listed
securities of the following Companies:
1.
Safaricom Plc
2.
East African Breweries Ltd
3.
BAT Kenya Plc
4.
Barclays Bank of Kenya Ltd
5.
Equity Group Holdings
6.
KCB Group Plc
7.
Standard Chartered Bank
Kenya Ltd
8.
NIC Bank Limited
9.
Co-operative Bank Limited
How long does the loan processing take.
Upon signing an agreement the approval is in 24 hours.
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