“Plan it. Fix it. Grow it.” Fixed Deposits are a simple way to earn better returns on your savings over a set period. Tunakuza Utajiri Wako. A flexible short-term savings product with competitive returns. Features Minimum deposit: KES 2,000 Interest rate: 10% p.a. Interest payable after 90 days Funds redeemable anytime Special Benefits Quick liquidity […]
“Plan it. Fix it. Grow it.”
Fixed Deposits are a simple way to earn better returns on your savings over a set period.
Tunakuza Utajiri Wako.
A flexible short-term savings product with competitive returns.
Features
- Minimum deposit: KES 2,000
- Interest rate: 10% p.a.
- Interest payable after 90 days
- Funds redeemable anytime
Special Benefits
- Quick liquidity with good returns
- Ideal for short-term investment goals
- Encourages disciplined savings habits
How to Make Member Deposits
Members can make deposits into their SACCO account through any of the following convenient channels:
- Employer Check-Off – Monthly deductions made directly from the member’s salary and remitted to the SACCO by the employer.
- Direct Deposits / Over-the-Counter (OTC) – Cash or cheque deposits made directly at SACCO offices or designated banking halls.
- Mobile Banking – Through the Spot Cash App, Pesa Pepe App, or USSD codes *645# and *879#.
- Paybill Number 129104 – Deposit funds conveniently via M-Pesa.
- Direct Debit – Authorize your bank to automatically transfer funds from your account to your SACCO account.
Standing Order – Set up a standing order with your bank to transfer a fixed amount periodically (e.g., monthly) directly to your SACCO account.