Savings Account product targeting registered investment groups engaged in common investments.

Features and Benefits

  • Easy access to Investment Loans
  • Access to our Investment/Network forums
  • Mobile deposits to your account via Mpesa paybill 544700
  • Linkage to Investment opportunities
  • Free Investment advice
  • Loan upto 12 times savings
  • Loan Term upto 60 months
  • Competitive interest rate on savings
  • Competitive personal accident cover
  • Chequebook available upon application
  • Dedicated group relationship officer

Requirements for opening a Chama account

  • Certified copy of the group Constitution/Rules/By-laws
  • Certified copy of Certificate of Registration or Exemption Certificate
  • Certified copy of a Resolution
  • List of Registered members
  • Original ID or Passport and PIN of Officials/Signatories
  • Kshs 700 for registration

GROUP ACCOUNT (Unregistered)

Requirements for opening a group account

  • Consists of 3 or more people
  • Original IDs and PIN for Officials/Signatories
  • Kshs 200 for registration