Ordinary Savings Account

This is an account that is used for processing salaries, pensions and for normal savings.

 Features:

  • Competitive interest rates.
  • No withdrawals limits.
  • Use VISA branded ATM and mobile banking to operate the account.

Requirements:

  • Two colour passport size photographs.
  • Photocopy of I.D. or other valid identification documents.
  • Signatures specimen.
  • Minimum opening balance Kshs. 500.
  • A referee who is a bona fide SACCO member.

Corporate/Welfare Groups Savings Accounts

Mainly for corporate, welfare, youth, women groups, schools, churches, non-profit making organizations among others that wish to open savings accounts.

Requirements:

  • Minutes of the corporate/welfare groups authorizing opening of a savings a/c.
  • Introduction Letters.
  • Copy of the Constitution.
  • Copy of Certificate of registration.
  • Group passport size photographs for signatories.
  • Opening fee of Kshs.500.
  • Referee who is a bona fide SACCO member

Junior Savings Account

Requirements:

  1. Colour passport size photographs (parent).
  2. Photocopy of I.D. or other valid identification documents for the parent.
  3. Signatures specimen.
  4. Minimum opening balance Kshs. 500.
  5. Withdrawals limited to 3 times a year.

Salary in advance

The product is designed for members whose salaries are channeled via Fundilima Sacco fosa account.

Features

  1. Salary must be channeled through fosa account for at least two consecutive months
  2. One month repayment period.
  3. Attracts affordable interest rates.
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