A disciplined long-term savings product designed to support members after active employment. Features Available to employed or self-employed members Minimum monthly contribution: KES 500 Interest rate: 10.5% p.a. Interest payable in full upon retirement Funds redeemable upon retirement Special Benefits Guaranteed retirement income growth Attractive long-term compounding interest Financial discipline through structured contributions How to […]
A disciplined long-term savings product designed to support members after active employment.
Features
- Available to employed or self-employed members
- Minimum monthly contribution: KES 500
- Interest rate: 10.5% p.a.
- Interest payable in full upon retirement
- Funds redeemable upon retirement
Special Benefits
- Guaranteed retirement income growth
- Attractive long-term compounding interest
- Financial discipline through structured contributions
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.