This is used to continuously accumulate monthly savings by members.

Account Features:-

  • Individuals Kes. 500 min.
  • Minimum Monthly contributions; Individuals Kes. 300/- , Groups Kes. 1,000/- , Corporates Kes 1,000/-
  • Earns interest annually.
  • Interest Rebates shall be automatically capitalized for any member holding less than the Minimum Share Capital.
  • Can only be accessed upon closure subject to a 60 days’ notice.

Benefits

  • It is the loans multiplier and allows members to access deposit based loans.
  • Can be contributed through standing order, check off, mobile banking, bank transfer or direct deposit.
  • Can only be accessed upon closure subject to a 60 days’ notice.