Kenya Bankers Saving and Credit Co-operative Society recorded 30 years of steady growth on 14TH February 2005. As a mark of achievements made during this period, the Sacco has produced this brochure to update the esteemed members of the various products and services currently available.

CUSTOMER SERVICE

SN

Description

Charges

1

Membership Joining Fee

Kes. 500/=

2

Micro-Credit Savings Scheme Joining Fee

Kes. 1,000/=

3

Account Closing Charges

Kes. 300/= [This fee is charged on each scheme upon closure]

FOSA ACCOUNT

1

CASH WITHDRAWALS

50/=per withdrawal

2

CHEQUE CLEARING

300/=

3

CHEQUE ENCASHMENT

2% minimum 500/=

4

STANDING ORDERS

250/= per standing order

5

FUNDS TRANSFER

500/=

6

ACCOUNT CLOSING

500/=

7

ACCOUNT OPENING BAL

1000/=

8

BRIDGING LOAN

5%per month

INTEREST ON LOANS

1

MAIN LOAN

12% p.a on Reducing Balance

2

S. FEES / EDUCATION LOAN

12% p.a on Reducing Balance

3

EMERGENCY LOAN

15% p.a on Reducing Balance

4

MICRO- PERSONAL LOAN

15% Compounded (Processing Fee Kshs 500)

5

CLEAR & APPLY

5% Compounded On Outstanding Balance