Loans

Unlock your dreams with our tailored loan solutions 
star
Asset Finance
  • As a fully paid-up member, you can leverage your saved and contributed deposits over a minimum of six months to secure financing for assets like land, motor vehicles, and machinery. 

  • Demonstrate your commitment by raising 30% of the total purchase price, and enjoy repayment terms tailored to your needs.

  • For movable assets, the repayment period spans 60 months based on the asset's useful life, while immovable assets come with a generous 120-month term. 

Mortgage Financing
  • Embark on your journey to home ownership with Bandari Sacco's Mortgage Financing. This long-term product is tailored to support our members in acquiring ready-made houses or constructing their dream homes for residential purposes. 

  • With a commitment of at least six months of consistent contributions and full compliance with Sacco by-laws, you can unlock the door to your ideal home.

  • The value of the house should exceed the purchase price, and the Sacco will fully finance it. Enjoy a comfortable repayment period of 120 monthly instalments, extending to the retirement age of 70 years. 

Jipange Loan
  • Empower your new beginnings with Bandari Sacco's Jipange Loan – designed exclusively for new employees from reputable institutions upon confirmation of employment. Seize the opportunity to shape your financial future with our tailored product features.

  • To qualify, a member must meet specific criteria, including the submission of an introduction letter and employment letter from the employer. 
Welfare/Chama Loan
  • Bandari Sacco's Chama Loan is a financial solution designed for welfare and registered groups embarking on income-generating projects that align with our approved criteria. 

  • To qualify, present a well-furnished business plan to the society, ensuring your group is registered with the relevant authority. 

  • Maintain a membership of 10 or more individuals and consistently deposit with the Sacco until the loans are cleared. 

BOSA-Jahazi Loan
Jahazi Loan is a long-term development loan strategically designed to empower members to undertake impactful projects and increase their monthly net take-home pay.
 
To qualify for the Jahazi Loan, members need a multiplier of more than 3 times their non-withdrawable deposit.

M-Hela
M-Hela is a one-off one-month loan product delivered conveniently through your mobile phone.

Designed for both salaried and non-salaried individuals with a consistent income, M-Hela is here to complement the traditional one-month advance.

Explore the features that make this product a game-changer for your financial needs.

star
Loan Calculator
This tool will help you compare different loan options and ascertain your eligibility. 
How it Works
The loan calculator will tell you how much you will pay monthly based on the size of the loan, the loan payment period, and the interest rate. It's important to know some common loan terminology. These include;
  • LOAN AMOUNT, this is the amount you are borrowing.
  • NUMBER OF MONTHS refers to the loan term you have to repay the loan.
  • ANNUAL INTEREST RATE is the amount a lender charges you for borrowing money.
  • MONTHLY PAYMENT is how much you need to pay every month to remain on good terms and up to date on your loan.

Amount Requested

KES. 0

Estimated Monthly Repayment

KES. 0

Total Interest Paid (15% rate)

KES. 0

Loan Duration

0 months

Contact us for loan application

Contact us
star

Other Products

Share Capital

Build bridges to a brighter future with our shares.
More

Fixed Deposit

Discover the cornerstone of financial security with Bandari Sacco's savings and deposits.
More

Loans

Empower your dreams with Bandari Sacco's transformative loan solutions.
More

Mobile Banking

Manage your finances easily, anytime, anywhere.
More

Web Portal

Seamless, intuitive, and empowering; take charge of your financial success.
More

Other services

Explore our suit of additional services designed to suit your needs.
More

Need Help?

(+254)-724-002-525

Support Hotline

info@bandari.co.ke

Support Email
  •  Statements are issued upon request. 
  • Yes – for as long as you stay up to date with your monthly contributions. You may send your contributions over the counter, LIPA NA MPESA Pay bill 146320, Standing orders or direct debits. 
    • Be 18 years and above 
    • Present your National ID/Military ID and passport colored Passport photograph.
  • • Fully completed loan application form 
    • Guarantors (depends on loan type). 
    • Employee’s pay slips (past 3 months). 
    • A copy of National ID. 
    • Proof of active membership for at least six months