Download the membership application form on the link below, attach your passport photo and copy of ID. Applocation Form Download

An SMS notification with your member number shall be sent to your phone within 48 Hours.

Yes, one-off fee of Kes.1,000.

The Minimum Monthly Contribution is Kes.2,500 and holiday savings 500.

The share capital is the core capital of the Sacco. Each and every member is mandated to purchase minimum shareholding of 200 shares each share is 100/= equal to Kes 20,000/=.

A member should meet the minimum shareholding within 10 months from date of joining and should contribute a minimum of Kes.2000 per month.

The share capital is non-refundable and is only transferable to an existing Sacco member or sold to a Sacco member when you cease being a member. A member may opt to keep the shares as an investment and continue earning dividends.

Yes, you may introduce your spouse and children above 18 years to join the Sacco.

The returns are earned at the end of every financial year according to Sacco’s performance.

Yes, 5% withholding Tax except for holiday savings interest earned.

Yes, you can continue with your membership and continue monthly savings while servicing any existing loans.

Yes, you can continue with your membership and continue monthly savings while servicing any existing loans.

Deductions are done centrally on pay day, bank standing order and mpesa pay bill.

Save and access affordable loans at only 1% p.m., negotiated discounts through our vendors, Projects by the Sacco, among many other benefits.

You get Rebates on Savings and Dividends on your Shares annually.

We have a vibrant portal Portal Login where you can check your statement and interact with us anytime! Also, Mobile app both on Play Store and App Store.

You need to save consistently for at least 6 months in Deposits to qualify for long term loans & 3 months for short term loans (Holiday advance and Karibu facility).

Yes. If you deposit a lump sum higher than your current monthly savings, you will need to wait for at least 3 Months in order to qualify for a loan.

This varies on the type of loan a member is borrowing: The processing period for Holiday advance and Okoa Salo is the same day if request is received by 12:00pm, while other facilities are disbursed within 48hrs.

You need to have a Guarantor if borrowing over and above your savings.

Filled loan application form and most recent payslip. Loan form: Form Download

Loan disbursed on or before 15th are recovered the same month, while loans disbursed after 15^th are recovered the next month.

Centrally on pay day.

You may have one or more guarantors although the loan MUST be fully Guaranteed.

The ratio is 1:3, meaning your total Sacco loans should not exceed 3 times of your savings.

Yes, you can pay your loan in lumpsum repayment/s anytime. We do not penalize you for fast tracking your loan repayment.

Yes, you can borrow a loan as the maximum you can guarantee is up to 3 times your total savings.

Your liability as a guarantor reduces as the loanee pays the loan and this is accessible to you via member portal Portal Login

Yes, you can by filling in a next of kin update form downloadable from the website; Download

The notice period is 60 days to enable the Sacco align your account i.e. If you had guaranteed another member, they will need to find replacements in order to release you. In case of any other query, feel free to reach us on; customercare@blueaglesacco.co.ke