This is an account opened by an institution such as schools, Churches, Organization etc.

Requirements
(i) Certificate of Registration.
(ii) Photocopies of identity cards copies of signatories.
(iii) Kshs.1000 minimum account balance

Benefits
(i) No conditions on withdrawals.
(ii) Ksh.3000 and above to earn interest.
(iii) No charges on deposits.