Invest Ksh 250,000 at Middle East Bank for 3 years.
At Middle East Bank's current weighted-average deposit rate of 9.66%, a Ksh 250,000 deposit grows to about Ksh 333,653 after 3 years — about Ksh 83,653 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 333,653
1.33× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 83,653
At 9.66% p.a.
Year by year
Contributions form the floor; interest compounds on top.
Could you earn more elsewhere?
The same Ksh 250,000 in Cytonn Money Market Fund — currently Kenya's top-yielding MMF at 9.39% net of 15% WHT — would grow to about Ksh 330,982 over the same 3 years. Run your own numbers on the compound interest calculator.