Find clear answers to common questions about BICA Invest, from investment safety to earning profits and managing your account. This section is designed to give you confidence and clarity. For more help, our support team is always ready to assist!
Contact with UsYes, we don't take any fees for opening an account.
Get the registration form by clicking on the Sing Up button on the top bar. Provide all information and click on the Sign Up button.
We have several FDR plans. Choose the best plan suitable for you and just click on the Apply Now button and put the amount.
Yes, your investment is safe. BICA Invest is managed by BIC Agency, a trusted microlending institution with a strong track record in Kenya’s financial sector. We adhere to rigorous financial and operational standards to ensure the safety of investor funds.
BICA Invest pools investor funds to support BIC Agency’s microlending activities. These funds are lent to small and micro traders in Kenya’s main towns, generating interest income. The monthly profits paid to investors are derived from this income, ensuring a sustainable and consistent return.
Our microlending portfolio is diversified across various sectors in the informal economy, minimizing risk and ensuring steady income generation. We maintain a disciplined approach to credit evaluation and borrower monitoring to safeguard returns for our investors.
Fixed Deposit Receipts (FDRs) are locked for the agreed duration, typically one year. Early withdrawal may not be possible, but investors can earn monthly interest during the lock-in period and withdraw it at their convenience.
Yes, investors can open multiple FDRs, depending on the availability of the fixed deposit product. This allows flexibility in diversifying and scaling your investments.
Upon maturity, your fixed deposit is unlocked, and you can request a withdrawal of your principal. Alternatively, you may choose to reinvest in another FDR to continue earning monthly interest.
BICA Invest provides a user-friendly online portal where you can view your FDRs, check your wallet balance, track interest earnings, and manage withdrawals.
BIC Agency operates within Kenya’s regulatory framework and upholds the highest standards of transparency, compliance, and accountability.
Investment limits depend on the specific FDR product. Details are provided on the BICA Invest portal when you apply.
To start, register on our portal at BICA Invest, deposit funds into your wallet, and apply for a Fixed Deposit Receipt. It’s simple, secure, and efficient.