| 1 | ORDINARY SAVINGS ACCOUNT |
- Opening balance Kshs.1000/= if not a Sacco member.
- Minimum balance Kshs.500/=
- Interest will be determined from time to time
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| 2 | HOLIDAY SAVINGS/XMAS SAVINGS |
- 12 months maturity
- Minimum savings of Kshs.500/= per month.
- No monthly charges.
- Open to non-members
- Interest will be determined from time to time
- Withdrawal done once per year
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| 3 | ASILI SUPER SAVER |
- Minimum opening balance Kshs.10,000/=
- Withdrawal is done quarterly
- Interest will be determined from time to time
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| 4 | BARAKA SAVINGS (CHILDREN) |
- ID of parents /guardian or passport
- Birth certificate of the child
- Minimum balance Khs.1000/=
- Interest will be determined from time to time
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| 5 | EDUCATION SAVINGS SCHEME |
- Not withdrawable for 12 months
- Interest determined from time to time
- Free bankers cheque
- Premature cheque clearance Kshs.500/=
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| 6 | FOSA MWANANCHI |
- Group account
- List of group members with their contacts and signatures
- Registration certificate of the group
- Minutes resolving opening of account
- Photocopies of ID of signatories
- Two photographs –passport size of office bearers
- Minimum opening balance - Kshs.5000/=
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| 7 | FIXED DEPOSIT |
- Minimum deposit – kshs.50,000/=
- Minimum period 3 months and no maximum period.
- Interest rate is 6% per annum.
- Interest is negotiable depending on the amount and duration
- Withdrawal before maturity attracts 2% penalty and interest earned will still be paid.
- Interest is calculated on a prorata basis
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| 8 | UCHUMI SAVINGS ACCOUNT |
- Fill in the Uchumi Savings' application for account
- Attach both passport and id copy
- No minimum and operating balance
- Can withdrawal anytime and withdrawal charges apply
- No minimum and maximum balance
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| 9 | MALKIA SAVINGS ACCOUNT |
- This account is designed for the ladies
- Fill in the malkia saving account application form
- Attach both the national id and recent passport photo
- Only charged on withdrawal
- No minimum opening balance.
- No operating balance
- Earn 10% interest per annum.
- Interest is credited to the account monthly
- Withdrawal is done on a quarterly basis
- Minimum interest earning balance is Ksh. 5,000
- A voucher of Ksh. 5,000 in December for account with Ksh.200,000 balance for 6 months proceeding December.
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