Invest Ksh 250,000 at Victoria Commercial Bank for 3 years.
At Victoria Commercial Bank's current weighted-average deposit rate of 9.70%, a Ksh 250,000 deposit grows to about Ksh 334,050 after 3 years — about Ksh 84,050 in interest, assuming monthly compounding and no withdrawals.
Final balance
Ksh 334,050
1.34× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 84,050
At 9.70% 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.