Akiba Account

Target Group:  Open to all members including Churches, Schools, Colleges, NGOS, Farmers, Business Entrepreneurs and Individuals who need to Save forr a specific purpose.

Pre-requisites:

  • National identity card copy.
  • Avail original national ID to the customer care officer / BDO opening the account for verification.
  • Passport photo to be taken at Sacco office or member can supply or be taken by BDO in the field.
  • Duly filled form TNT 1A and TNT 3.
  • Entrance of kshs.200/= at the time of opening the account or to be deducted from any credit.

Features:

  • Minimum balance kshs.1,000/=
  • Withdrawal fee (over the counter) – kshs.150/= for amount between kshs.50/= kshs.49.999.
  • Withdrawal fee (over the counter) – kshs.200/= for amount above kshs.50,000/=
  • Premature withdrawal before expiry of 7 days for amount between kshs.50/= – kshs. 49,999/= an additional fee of kshs.50/= is charged.
  • Premature withdrawal before expiry of 7 days for amount above kshs. 50,000/= an additional fee of kshs.50/= is charged.
  • Withdrawal through ATM and mobile money it is as indicated on ATM and Mobile Banking Tariffs