I&M Bank Limited Personal Malaika Transactional Account Details

Rates available from as of 1st April 2021
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I&M Bank Limited

Personal Malaika Account
Min Opening Balance
Maintenance Fee
For balances below ksh5k
Ledger Fee (Per Transaction)
Min of Ksh5,000 required to open
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Account Details:

  • Opening balance: ksh5000
  • Operating balance: ksh5000
  • Maintenance fees: ksh500
  • Ledger fees: No Fee

Transactional Charges (per transaction)

  • OTC withdrawal: Free
  • OTC cash deposits: Free
  • Internal Transfers: Free
  • RTGS: ksh500
  • International transfers: ksh1500
  • ATM Withdrawals: ksh30
  • Internal Standing Orders: ksh75
  • External Standing Orders: ksh350
  • Bank Account to Mobile Money transfer: Free

Account Access Charges (per item)

  • Over the counter: Free
  • Debit card: Free
  • Cheque book: ksh300
  • Bankers cheque: ksh500
  • Counter cheque: ksh250
  • Standing order: ksh350

Account Management Charges (per request)

  • ATM Statement: Free
  • Mobile banking statement: Free
  • Branch Statement: Free
  • Mobile balance enquiry: Free

Penalty Charges (per instance)

  • Failed standing order: ksh1500
  • Cheque ‘Refer to drawer’: ksh2500

Documentation Required

  • National ID/ Valid Passport
  • Passport Photo
  • T&C Link

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  • Free Debit card
  • 10 free OTC withdrawals
  • Access to internet banking, mobile banking, cheque book and debit card


  • Monthly maintenance fee of ksh500 when balance falls below ksh5k
  • Minimum opening and operating balance of ksh5000

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