(You can now invest your cash in Maisha Invest Plus (MIP) Account)
This is an account for investors and members who would like to deposit their cash and/or dividends in an interest earning account while being able to access the invested funds on demand.
FEATURES
· Invest for a specified period of time and receive a monthly interest payment
· Interest earned can be paid monthly, quarterly, half-yearly or annually
· Annual interest is computed as 70% of the prevailing Central Bank Reference rate plus
o 0.2% for investment period of up to 6 months &
o 0.5% for investment period of more than 6 months respectively
· Investment amounts may be paid in installments or through a lump sum
· You can use money in your MIP account to secure/guarantee loans
· You can increase your investment ANYTIME
· You may access the principle amount at the end of the investment period
· Funds withdrawal notice is 7 working days
PAYMENT METHODS
1. Bank
Bank Name: |
Co-operative Bank |
Equity Bank |
Bank Branch: |
Enterprise |
Enterprise |
Bank Account Number: |
01120000568600 |
0800292523510 |
Bank Account Name: |
Maisha Bora Sacco Ltd |
Maisha Bora Sacco Ltd |
Bank Swift Code: (for cross border payments only) |
Kcookena |
EQBLKENA |
Please indicate your member number and mobile phone number on the banking slip/RTGS/Standing order advice.
2. Paybill Number: 600110 (put your member number as account number and add MIP e.g, 00123456MIP).
3. FOSA banking hall at the Sacco office.
NB: After banking, please bring the slip/RTGS/Standing order advice to the office or email it to This email address is being protected from spambots. You need JavaScript enabled to view it. ; This email address is being protected from spambots. You need JavaScript enabled to view it. and advice that the funds be credited to your Maisha Investment Plus(MIP) Account.