Non-withdrawable Account
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.
- 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.