- It is a withdrawable deposit account that targets members with group savings.
-Non refundable registration fees of Kshs 500/=
-The minimum operating balance is Kshs 5,000/=.
-Minimum monthly contribution is Kshs 5000/= can be effected via check off, direct deposit to our account, M-pesa pay bill and standing order. Lump sum payment also accepted
-Withdrawable once annually.
-The minimum interest earning deposit is Kshs 20,000/= payable at the market rate.
-No ledger fees.
-The group must have a name preferably registered
-The group must at least three signatories to the account
-Minutes of the group meeting authorizing the officials to open the account shall be required to open the account.
-When a withdrawal is done before the maturity of the minimum saving period, the members shall forfeit the interest the savings
