It is advisable to open and start operating this account early enough so as to enjoy your sunset years. This account can be accessed immediately after retirement.
Features
- Minimum operating balance Kshs. 500/-
- Minimum monthly savings Ksh. 200/-
- Interest earning balance Kshs. 5,000/-
- Savings are withdrawable after 3 years of deposits and or upon resignation from service or attaining mandatory retirement age.
- Savings can be pledged as security for Sacco loans
Requirements
- Proper Identification documents ( National ID card or Passport)
- Passport size photo to be taken upon opening of the Account
- Opening Balance 500/-