Kenya's Highest Paying Banks With the Best Deposit Interest Rates [LIST]

If you're looking to grow your savings in 2025, choosing the right bank could make all the difference. With interest rates on fixed deposits and savings accounts varying widely across Kenyan banks, even a small percentage difference can significantly impact your returns, especially over time.

On Tuesday, the Central Bank of Kenya published the deposit interest rates for 38 banks in Kenya for the month of April 2025. Some banks paid deposit interest rates as high as 13%, while others offered as little as 2.6%. The gap between the highest and lowest paying institutions is a clear signal: shopping around for better deposit rates is not just smart—it’s essential.

In this list, we have ranked 38 Kenyan banks from the highest to the lowest based on their published deposit interest rates. Here is the full list;

1. Credit Bank Kenya – 13.60
   
   
2. African Banking Corporation – 12.89
   
   
3. Kingdom Bank – 11.46
   
   
4. Development Bank – 11.22
   
   
5. Prime Bank – 11.00
   
   
6. Commercial International Bank – 10.82
   
   
7. Paramount Bank Limited – 10.79
   
   
8. Equity Bank – 10.72
   
   
9. Bank of Baroda – 10.66
   
   
10. SBM Bank Kenya – 10.66
    
    
11. Bank of India – 10.57
    
    
12. Access Bank – 10.50
    
    
13. M-Oriental Bank – 10.25
    
    
14. DIB Bank – 10.25
    
    
15. Middle East Bank Limited – 10.00
    
    
16. Victoria Commercial Bank – 9.92
    
    
17. Bank of Africa – 9.53
    
    
18. UBA Bank – 9.21
    
    
19. Sidian Bank – 9.15
    
    
20. Absa Bank – 9.07
    
    
21. NCBA Bank – 9.00
    
    
22. Ecobank Kenya – 8.80
    
    
23. Diamond Trust Bank – 8.51
    
    
24. Gulf African Bank – 8.50
    
    
25. Guardian Bank – 8.47
    
    
26. I & M Bank – 8.39
    
    
27. National Bank of Kenya – 8.22
    
    
28. Habib Bank – 8.21
    
    
29. Guaranty Trust Bank – 8.21
    
    
30. Stanbic Bank Kenya – 7.54
    
    
31. Cooperative Bank of Kenya – 7.79
    
    
32. KCB Bank – 7.30
    
    
33. Consolidated Bank of Kenya – 7.23
    
    
34. HFC Bank – 7.13
    
    
35. Citibank Kenya – 6.60
    
    
36. Family Bank – 6.39
    
    
37. Standard Chartered Bank Kenya – 3.19
    
    
38. Premier Bank – 2.67