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FAULU fixed deposit a/c
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moffat
#1 Posted : Thursday, February 05, 2015 6:15:23 PM
Rank: New-farer

Joined: 12/3/2009
Posts: 2
Location: nairobi
Hi,has any one dealt with faulu,their fixed deposit a/c and if so how good is it and one be doing monthly top ups
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  | | Edit by moderator: Friday, February 06, 2015 9:48 AM | Reason: title clarified; right section
Othelo
#2 Posted : Thursday, February 05, 2015 6:20:13 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Read this then ask..........


http://www.wazua.co.ke/f...spx?g=posts&t=23635
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Boris Boyka
#3 Posted : Thursday, February 05, 2015 6:22:33 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
moffat wrote:
Hi,has any one dealt with faulu,their fixed deposit a/c and if so how good is it and one be doing monthly top ups

Haha heheh pole i won't comment on Faulu. yaani tangu 2009 leo ndio umepata kitu ya kuambia/kuuliza wazuans???
moffat
Rank: New-
farer
Joined:
12/3/2009
Posts: 1
Location:
nairobi
Anyway...try anything else like saccos,T bills e.t.c wachana na intrest on deposits in bank.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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jawgey
#4 Posted : Thursday, February 05, 2015 6:39:30 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Boris Boyka wrote:
moffat wrote:
Hi,has any one dealt with faulu,their fixed deposit a/c and if so how good is it and one be doing monthly top ups

Haha heheh pole i won't comment on Faulu. yaani tangu 2009 leo ndio umepata kitu ya kuambia/kuuliza wazuans???
moffat
Rank: New-
farer
Joined:
12/3/2009
Posts: 1
Location:
nairobi
Anyway...try anything else like saccos,T bills e.t.c wachana na intrest on deposits in bank.


@Boris would you kindly guide me on how to invest in t.bills.. I recently walked to a certain kcb branch to seek info on the same and I was directed to CBK .. Is that the case really? I dint bother
Seeing is believing
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Speculz
#5 Posted : Thursday, February 05, 2015 6:50:03 PM
Rank: Member

Joined: 5/6/2011
Posts: 391
Location: Nairobi
jawgey wrote:
Boris Boyka wrote:
moffat wrote:
Hi,has any one dealt with faulu,their fixed deposit a/c and if so how good is it and one be doing monthly top ups

Haha heheh pole i won't comment on Faulu. yaani tangu 2009 leo ndio umepata kitu ya kuambia/kuuliza wazuans???
moffat
Rank: New-
farer
Joined:
12/3/2009
Posts: 1
Location:
nairobi
Anyway...try anything else like saccos,T bills e.t.c wachana na intrest on deposits in bank.


@Boris would you kindly guide me on how to invest in t.bills.. I recently walked to a certain kcb branch to seek info on the same and I was directed to CBK .. Is that the case really? I dint bother


It is the case, you have to open a CDS account with CBK. check out this thread , also learning on the same.

T Bills
"You can't have everything. Where would you put it?" - Stephen Wright
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yosie14
#6 Posted : Thursday, February 05, 2015 7:02:04 PM
Rank: Member

Joined: 12/17/2013
Posts: 118
moffat wrote:
Hi,has any one dealt with faulu,their fixed deposit a/c and if so how good is it and one be doing monthly top ups



@moffat,Walk into Faulu and negotiate for your rate.My Mum got 12% for 1mn shillings.
KCB,NMG,PAFR
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ayushnehra
#7 Posted : Thursday, February 05, 2015 7:12:01 PM
Rank: Member

Joined: 1/4/2015
Posts: 153
Faulu is good at giving rates..maybe even the best FD rates..lakini all on paper I know of a few who went in and have failed to receive their money on request..keep being pushed on..! In a country like kenya when the rate is that good..we should be aware..!!
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
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yosie14
#8 Posted : Thursday, February 05, 2015 7:33:53 PM
Rank: Member

Joined: 12/17/2013
Posts: 118
ayushnehra wrote:
Faulu is good at giving rates..maybe even the best FD rates..lakini all on paper I know of a few who went in and have failed to receive their money on request..keep being pushed on..! In a country like kenya when the rate is that good..we should be aware..!!


@Ayushnera,the contract matured early dec and was paid immediately on demand.Pls check facts with the guys
KCB,NMG,PAFR
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moffat
#9 Posted : Thursday, February 05, 2015 7:52:04 PM
Rank: New-farer

Joined: 12/3/2009
Posts: 2
Location: nairobi
yosie14 wrote:
moffat wrote:
Hi,has any one dealt with faulu,their fixed deposit a/c and if so how good is it and one be doing monthly top ups



@moffat,Walk into Faulu and negotiate for your rate.My Mum got 12% for 1mn shillings.


Thanks,will do
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jawgey
#10 Posted : Thursday, February 05, 2015 8:14:58 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Speculz wrote:
jawgey wrote:
Boris Boyka wrote:
moffat wrote:
Hi,has any one dealt with faulu,their fixed deposit a/c and if so how good is it and one be doing monthly top ups

Haha heheh pole i won't comment on Faulu. yaani tangu 2009 leo ndio umepata kitu ya kuambia/kuuliza wazuans???
moffat
Rank: New-
farer
Joined:
12/3/2009
Posts: 1
Location:
nairobi
Anyway...try anything else like saccos,T bills e.t.c wachana na intrest on deposits in bank.


@Boris would you kindly guide me on how to invest in t.bills.. I recently walked to a certain kcb branch to seek info on the same and I was directed to CBK .. Is that the case really? I dint bother


It is the case, you have to open a CDS account with CBK. check out this thread , also learning on the same.

T Bills


Thanks
Seeing is believing
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