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Maisha Holiday Account designed to offer members a savings facility towards a vacation plan and reduce loan burden on members for purposes of holiday and festive celebrations.
Features:
- No minimum Account operating balance.
- Minimum Monthly contributions of ksh.2,000
- Allows for two free withdrawals per year
- Interest rate per annum at 6.5% (same as MIP Interest rate) for balances above ksh.5,000
- Withdrawals exceeding 2 times per year leads to forfeiture of interest earned during the period.
- No ledger fees charged on this account.
- Member can access 90% self guarantee loan on the Holiday savings under lien.(1 Year Period)
- Deposits through paybill, EFT and over the counter
- Details
- Written by Super User
- Category: Uncategorised
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Thibiti loan is a mobile loan product which allows member to borrow through the phone.
Features:
- Maximum limit is Kshs 200,000/=.
- Minimum limit is Kshs 20,000/=.
- Qualifying loan within self guarantee is up to 50% member's deposit.
- Qualifying loan within guarantor is up to 100% member's deposit.
- Interest rate is 2% monthly on reducing balance.
- Maximum repayment period is 12 months.
- Can access 1 loan.
- Full Sacco membership of at least 3 months.
- To be register on M-Sacco (Mobile banking platform).
- Details
- Written by Super User
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mCASH loan is a mobile loan product which allows member to borrow through the phone.
Features:
- Maximum limit is kshs 70,000/=.
- Minimum limit is kshs 1,000=.
- Qualifying loan is up to 50% member's deposit.
- Interest rate is 0%.
- One-off facility fee of 5%(upfront).
- Payable within 1 month with a rollover option.
- Can access 3 loans at the same time within the limit.
- Full Sacco membership of at least 3 months.
- To be register with M-sacco (Mobile banking platform).
- Details
- Written by Super User
- Category: Uncategorised
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Instant on mobile loan is a mobile loan product which allows member to borrow through the phone.
Features:
- Maximum limit is kshs 100,000/=.
- Minimum limit is kshs 3,000/=.
- Qualifying loan is up to 25% member's deposit.
- Interest rate is 5% monthly on reducing balance.
- Maximum repayment period is 3months.
- Can access 3 loans at the same time within the limit.
- Full Sacco membership of at least 3 months.
- To be register on M-sacco (Mobile banking platform).
- Details
- Written by Super User
- Category: Uncategorised
- Hits: 2946
mCASH loan
mCASH loan is a mobile loan product which allows member to borrow through the phone.
Features:
- Maximum limit is kshs 35,000/=.
- Minimum limit is kshs 1,000=.
- Qualifying loan is up to 50% member's deposit.
- Interest rate is 0%.
- One-off facility fee of 5%(upfront).
- Payable within 1 month with a rollover option.
- Can access 3 loans at the same time within the limit.
- Full Sacco membership of at least 3 months.
- To be register with M-sacco (Mobile banking platform).
Instant on mobile loan
Instant on mobile loan is a mobile loan product which allows member to borrow through the phone.
Features:
- Maximum limit is kshs 100,000/=.
- Minimum limit is kshs 3,000/=.
- Qualifying loan is up to 25% member's deposit.
- Interest rate is 5% monthly on reducing balance.
- Maximum repayment period is 3months.
- Can access 3 loans at the same time within the limit.
- Full Sacco membership of at least 3 months.
- To be register on M-sacco (Mobile banking platform).
Thibiti loan
Thibiti loan is a mobile loan product which allows member to borrow through the phone.
Features:
- Maximum limit is kshs 200,000/=.
- Minimum limit is kshs 20,000/=.
- Qualifying loan within self guarantee is up to 50% member's deposit.
- Qualifying loan within guarantor is up to 100% member's deposit.
- Interest rate is 2.5% monthly on straight line.
- Maximum repayment period is 12months.
- Can access 1 loan.
- Full Sacco membership of at least 3 months.
- To be register on M-sacco (Mobile banking platform).