Chama Account
Savings Account product targeting registered investment groups engaged in common investments.
Features and Benefits
- Easy access to Investment Loans
- Access to our Investment/Network forums
- Mobile deposits to your account via Mpesa paybill 544700
- Linkage to Investment opportunities
- Free Investment advice
- Loan upto 12 times savings
- Loan Term upto 60 months
- Competitive interest rate on savings
- Competitive personal accident cover
- Chequebook available upon application
- Dedicated group relationship officer
Requirements for opening a group account:
- Certified of Constitutional/Rules/By-laws
- Certified copy of Certificate of Registration or Exemption Certificate
- Certified copy of Board Resolution
- List of Registered Officials
- Certified copies of ID or Passport and PIN of Officials and/or Signatories