Online and mobile banking provide convenient access to your accounts,
allowing you to check balances, make transfers, pay bills
Get your Business Loan Locally
Business loans in India can be availed in the range of Rs.50,000 and
up to Rs. 75 Lakhs. These loan applications usually get approved
fairly quickly and sans any hassle during promise of secured lending
solutions when it comes to business loans.
A BETTER WAY TO GET LOAN
How it Works
Online and mobile banking provide convenient access to your accounts,
allowing you to check balances, make transfers, pay bills
Secure International
Banks set interest rates based on factors like the federal funds
rate supply and demand for savings.
Low Transaction Fee
Online and mobile banking provide convenient access to your
accounts.
Fast Payment Method
The Federal Deposit Insurance deposits in participating banks
$250,000 depositor per.
Dedicated Support Team
While a savings account is for storing money and earning interest.
CHURCH LOAN
About Church Loan
Designed for churches.
The Church must have an active account for at least three months.
“It's been 2 years since I found Bankio, and it's such a
relief as a small business owner to not worry about
unnecessary fees. I lost my credit card once, and the service
was so quick.
Andrew Russel
VP of Marketing
“It's been 2 years since I found Bankio, and it's such a
relief as a small business owner to not worry about
unnecessary fees. I lost my credit card once, and the service
was so quick.
Andrew Russel
VP of Marketing
“It's been 2 years since I found Bankio, and it's such a
relief as a small business owner to not worry about
unnecessary fees. I lost my credit card once, and the service
was so quick.
Andrew Russel
VP of Marketing
“It's been 2 years since I found Bankio, and it's such a
relief as a small business owner to not worry about
unnecessary fees. I lost my credit card once, and the service
was so quick.
Andrew Russel
VP of Marketing
“It's been 2 years since I found Bankio, and it's such a
relief as a small business owner to not worry about
unnecessary fees. I lost my credit card once, and the service
was so quick.
Andrew Russel
VP of Marketing
FAQ
Questions & Answers
Who Can Join Us?
Ammar Sacco has open membership.
This is a great opportunity for anyone willing to save,
invest or take loans for asset purchase, business growth, education etc.
How do I become a member?
Fill an account opening form and surrender a certified copy of ID and KRA Pin.
Pay Kshs.500 being membership registration fee.
Buy minimum share capital of 200 shares of Ksh.20 each worth Ksh.4000.
Commence monthly contribution to deposits.
Member Deposits (BOSA)
Every member of the Sacco must make regular contributions (at least monthly) to the deposits.
The deposits are member's savings hence one decides how much to save regularly.
Deposits are refundable when a member exits (withdraws) from the Sacco.
Deposits earn interest (dividends) as adopted by the ADM every year.
Deposits determine the borrowing level (as a multiplier) and the guarantee level for a member.
How to Qualify/ Apply for Loan?
Members can qualify to apply for loan after regular contribution for three months.
A member fills the loan application form provided and attaches the required documents.
Once processed the funds are deposited in the members FOSA account from where he/she can transact or issue further instructions.
