Ammar Sacco Society

Testimonials

Trusted by 2000+ Partners & Customers

“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.

Why you should join us?

Ammar Sacco is open to all members with a vision to grow and achieve their financial dreams. We offer unmatched opportunity to save and operate a FOSA account with the highest convenience possible; we have totally eliminated queues in our bank halls, no ledger fees, and availability of alternative channels for transacting ie ATM, Mobile banking and personal cheque books. Above that we have impressive loan products with attractive terms of payment.

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.

What is Share Capital?

Share capital means the equity or core capital of the Sacco.

The Sacco is owned by her members who have to raise the capital of the institution.

It is also a legal requirement for the Sacco to have a stipulated capital level.

The Sacco management through the Annual Delegate meeting (ADM) sets the minimum share capital a member must raise.

A member can have more than the minimum share capital.

Share capital is not withdrawable but can be transferred to another member.

Share capital earns dividend yearly as declared and approved by the ADM.

Fixed Deposit Account

FIXED DEPOSIT ACCOUNT

Testimonials

Trusted by 2000+ Partners & Customers

FAQ

Questions & Answers

Who Can Join Us?

Why you should join us?

How do I become a member?

What is Share Capital?