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What is Faulu Salary Account?

An account designed to make salary banking simple and rewarding. Enjoy seamless salary processing, easy access to your funds, and added benefits like automated salary advances and quick access to loans, without the need for employer agreements.
Features
  • Salaried staff saving and standing order instruction issue applicable
  • A free retrenchment cover of 3 months and Last expense cover for borrowers
  • 1% discount on loan setup fee for new and existing customers upon salary switch (one-off)
  • Access to salary advances and personal loans
  • Unlimited withdrawals
  • No monthly ledger fees or account maintenance fees
  • Earn a competitive interest on your savings
  • Minimum operating balance KES 200
  • Interest on savings of up to 3.5% p.a.
  • Visa Card and mobile banking available through *339#
How do I open a salary account?

You will need to:

  • Complete an account opening form
  • Provide an original and copy of National ID or Valid Passport
  • Bring a copy of your KRA PIN Certificate

Want to know more about Faulu Salary Account?

If you want to know more, we've put together some frequently asked questions for you.


    Visit us at any of our 60 outlets and get to enjoy a range of financial solutions that are designed to help you effectively manage your finances and grow your wealth.

    With the Faulu Visa Debit Card you get to enjoy hassle-free transactions. The card allows you to access your funds via Visa branded ATMs and pay for goods and services at no charge at any Visa-branded merchants such as gas stations, supermarkets, hotels etc. Make your everyday spending simple and convenient!

    The Faulu Visa Debit Card benefits you with the following:

    • Free of charge transactions when you swipe at merchants
    • You get to enjoy safe and convenient transactions
    • The card allows you to track and control your spending
    • 24/7 access
    • Cash withdrawals via VISA branded points

    Did you know you can bank with us right in your neighbourhood? With our network of over 600 agents, you can conveniently access our banking services.

    What you can do at a Faulu agent:

    • Cash deposits to any Faulu account
    • Cash withdraws from your Faulu account
    • Open an account
    • Utility bill payments for water, DSTV, electricity
    • School fees payment

    Enjoy longer hours of banking when you visit one of our agents, here's a list of agents.

    Bank at the palm of your hands anytime, anywhere with the Faulu Mobile Banking. Simply dial *339# and enjoy the following benefits:

    • 24/7 banking services
    • Transact conveniently
    • Secure transactions – you will get verifications prompts before authorizing any payments
    • If you are a group customer, you get access to chap chap mobile loans

    Services available on Faulu Mobile Banking:

    • Account funds transfers
    • Balance inquiry and mini statements
    • Transfer money from your account to your M-Pesa wallet and vice versa
    • Utility Bill Payment (DSTV, KPLC, GOtv, Nairobi Water, ZUKU)
    • Airtime top-ups; Safaricom, Airtel & Telkom

    Get your money whenever and wherever you need it. We have a variety of options to help you move your money fast and conveniently:

    1. Mpesa withdrawal and deposit services
    2. Super agency Float service for the Mpesa Agent
    3. Western Union
    4. Telegraphic Transfers; EFT, RTGS and SWIFT transfers

    Our ATMs are available/accessible 24/7. The services available include:

    • Cash withdrawals
    • Account balance enquiry
    • Request for mini statements
    • Change debit card PIN
    • M-Pesa withdrawals

    Note: You may use your Faulu ATM card to make withdrawals at ANY Visa branded ATM.

    View the Tariff Guide here.

    Find out more about the transactional channels here.