Membership

Eligibility for membership:

The following persons, institutions or groups are eligible for membership:

  1. Employees of KTDA and it’s subsidiaries
  2. Public and Civil servants
  1. Any company or corporate institution willing to remit make check off deductions for their staff
  2. Organized groups such as Chamas, investment clubs and welfare associations.
  3. Entrepreneurs
  4. Immediate family of an existing member

Membership requirements and application procedure:

For a prospective member, the following are the requirements and procedure for becoming a member:

  1. The member must be 18 years and above
  2. Provide a copy of valid Kenyan Identity card and/or passport  for Kenyans living in the diaspora
  3. Provide a passport size photograph
  4. Dully filled and signed membership form
  5. Pay the required membership fees i.e. Kshs 1,000.
  6. Take up the minimum number of shares.
  7. Purchase the minimum share capital within 24 months of membership or upon application of the first loan.

Benefits of membership

As a member, you are able to manage your financial wealth through the following ways:

  1. Competitive returns on your savings
  2. Earn rebates on your Deposits
  3. Earn Dividends on your Share Capital
  4. Acquire loans at low interest rates
  5. Enjoy real estate investments through Chai Diamond
  6. Members are also entitled to the following retail products from Chai Sacco:
    1. Chai Angels Junior Account; a savings account for your children.
    2. Chai Premier Holiday Account to help you plan and save for a holiday.
    3. Group account for organized groups such as Chamas, Investment clubs and Welfare associations.
    4. Farm produce payments and loans e.g. tea (Green Leaf), milk, etc.

APPLY NOW

KTDA Plaza,4th Floor,Moi Avenue 0709808000 info@ chai-sacco.co.ke   Membership Application

Contact Us

KTDA Plaza,4th Floor,Moi Avenue 
P.O. Box 278-00200 City Square
Nairobi Kenya
Phone: +254 20 2214406/10
Mobile: 0733 330045 / 0701 314410
Fax: +254 20 22144410
Email Us here
We have a friendly team and a listening ear to fully meet your needs. Keep in touch with us online on the platforms below.


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