Lock in your money. Grow your returns.
Fixed Deposits offer secure savings with guaranteed interest over a fixed period.
Tunakuza Utajiri Wako.
A secure investment option for members seeking guaranteed returns over a fixed period.
Features
- Minimum deposit: KES 10,000
- Minimum investment period: 3 months
- Interest rate: up to 9.5% p.a.
- Funds redeemable anytime
Special Benefits
- Guaranteed returns on investment
- Safe and low-risk savings option
- Higher interest compared to ordinary savings
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.