Fixed Savings Account
Earn 7.5% p.a. on a disciplined savings plan.
- Returns
- 7.5% per annum
- Amount
- Minimum KES 1,000 per month
- Period
- Minimum 6 months
Savings product
Member Deposit Account
Save every month, borrow up to 4× and earn annual returns.
- Returns
- Annual interest/dividend declared at the AGM
- Contribution
- No upper limit
- Saving period
- Ongoing, monthly contributions
- Access
- Non-withdrawable while you remain a member
Overview
Your regular monthly savings with the SACCO. Deposits earn annual returns (the higher your deposits, the higher your returns) and are the basis of your loan entitlement.
Key features
- Qualify for loans of up to 4× your deposits
- Loans from 1% per month on reducing balance
- Annual returns — the higher the deposit, the higher the return
- Deposits act as security for your guarantees
How to get started
- 1
Join KCAU SACCO as a member
- 2
Set up a monthly check-off or standing order
- 3
Top up any time via M-PESA Paybill 754614 (Account: your membership number)