Saving for your future
Loop makes it easy to set up an investment with returns ranging from 7.5 to 8 percent across 3 to 12 months with an option to reinvest the principal plus interest at maturity.
With CBA Loop you can set up multiple investments running at the same time without having to complete a single form or letter of instruction.
To Set-up a Loop Investment;
- Go to the Hamburger Menu on the Home Page
- Select ‘Loop Invest’
- Click on Set up Investment then Enter the Investment Title and the amount
- Select Investment Period of between 3 months to 12 months and select break option.
- Select the action at maturity either as ‘Payout’ or ‘Re-invest’ then Select ‘Proceed’ to complete set-up
The minimum amount you can invest is KES 1,000 while the maximum is KES 999,999.
You can invest for a period of 3 Months, 6 Months, 9 Months or 12 Months.
There is no facility fee levied on setting up an investment; it is free of charge.