Our Membership

Discover the benefits of joining our vibrant  community 
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Why Join Us

At Bandari DT Sacco, you are a valued member. We are dedicated to putting you first, tailoring our services to meet your specific financial goals and aspirations. Joining us offers numerous compelling reasons for individuals seeking financial empowerment and growth.

  1. Enjoy the trust and reliability of Bandari DT Sacco, offering loan interest rates below the market average of 14% pa, ensuring cost-effective financial solutions.

  2. Benefit from personalized financial solutions that cater to individual needs and goals, including customized investment portfolios, loan structures, and retirement planning.

  3. Experience the convenience of a one-stop financial solution provider, offering a wide range of products and services such as savings accounts, mortgages, asset financing, LPO financing, and more under a single roof.

  4. Access educational resources, workshops, and financial literacy programs that empower members to make informed decisions, enhancing financial literacy and awareness.

  5. Enjoy attractive returns with a track record of 18% dividends and 11.5% interest on deposits over the last 7 years, ensuring consistent value for your money.

  6. Benefit from quality and seamless customer experiences with automated processes, ensuring minimal turnaround time for services.

  7.  Experience innovation with user-friendly digital platforms, a mobile app, and AI-powered security solutions, providing 24/7 surveillance and monitoring for enhanced customer confidence.

  8.  Join a Sacco with a distinctive corporate culture centered on core values that support the growth and development of its members.

  9. Become part of a recognized and respected brand with a consistent track record of setting high standards of excellence, demonstrated through various awards and accolades.

By joining Bandari DT Sacco, you embark on a journey of financial growth and success with a trusted and innovative financial partner. 
Membership Structure
The membership structure is designed to provide a range of benefits to suit the needs of different types of organisations.

Ordinary Savings Account

Non-Withdrawable Deposits

Share Capital

Ordinary Savings Account

This is your everyday collection and disbursement account through which all deposits are accumulated before transfers to Deposit and Share accounts respectively. The account bears ATM, Internet Banking, and USSD or Mobile banking, Paybill facilities and bears linkages that facilitate RTGS and is International Money Transfer enabled.
 
Benefits 
  • Interest earnings of < 0.4% against monthly account balances that are realized in the last month of the financial period.
  • Pocket-friendly account management expenses – No ledger fees 
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Non-Withdrawable Deposits

These are monthly deposits that constitute active membership to a Sacco with the minimum currently pegged at Kshs.1, 500.00 per month or Kshs.50.00 per day. The deposits may however be withdrawn in cash upon cessation of membership and upon expiry of 60 days notice period.

Benefits 
  • Facility for granting of loans / advances on the principle of multiplicity as per Sacco loan policy.
  • Interest earnings of < 12.15% realized at the end of every financial period and as approved by the annual delegates conference. 
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Share Capital

With each share, you are not just building wealth; you are also building bridges to a brighter future.
Once you become a member of Bandari Sacco, it is required that you purchase shares of at least Ksh 10,500. These shares are non-redeemable but transferable to a willing buyer.

Benefits 
  • The shares have a guaranteed return of < Kshs. 18% p.a as approved by the annual delegates conference.

Who is Eligible to join Bandari Sacco?

Bandari Sacco has been welcoming members from all walks of life since we opened our Common Bond in 2005. The Sacco accommodates diverse membership categories, catering to different individuals and entities, including:

  • Category 1: Salaried Members
  • Category 2: Business Community Members
  • Category 3: Corporate Members
  • Category 5: Farmers
  • Category 5: Special Membership

This inclusive approach ensures that Bandari Sacco serves the unique financial needs of a broad spectrum of individuals, making financial empowerment accessible to everyone. 

Account Types

  • What sets us apart?
    • Access exclusive loans against your deposits for property repairs and the expansion of your real estate portfolio.
    • Dive into the world of real estate with our networking events, exposing you to lucrative investment opportunities and industry insights.
    • Enjoy a stress-free and convenient avenue for rent collection, powered by our M-pesa pay bill No. 146320. 

  • Watch your savings grow effortlessly with our Personal Savings Account, an interest-earning powerhouse that offers competitive rates, ensuring your money works for you. 

    Take control of your finances by setting up free-standing orders directly to your Personal Savings Account.

    Experience banking convenience with our VISA ATM card, giving you 24/7 access to your funds. Make withdrawals, check balances, and shop securely at your favorite outlets. 

  • Our DAU Junior Account is tailored for your child's educational needs. With quarterly withdrawals designed to be flexible for school fees payments.

    Enjoy exclusive benefits like a free ticket to the annual Bandari Sacco DAU Junior party – a celebration of financial literacy and fun for our young savers.

    Plus, a special birthday cake on your child's special day, making their birthday extra memorable.
  • Enhance your financial security by utilizing fixed deposits in your Staafu Account as collateral for other FOSA loans.

    Leverage your savings to access additional funds when needed, giving you the freedom to explore new opportunities or cover unexpected expenses.

    Tailor your retirement savings plan to your comfort with our flexible monthly contribution options. Adapt your savings strategy to align with your lifestyle and financial goals, providing you with control over your Staafu Savings Account.

  • This account also offers cost-effective loan facilities for development, travel, and holidays. All savings and credit terms that apply to local members are extended to our diaspora members.

  • As a Kijana Account holder, you gain access to invaluable mentorship, financial and business management guidance – all provided for free.

  • Benefit from our extensive network of tour agents for seamless holiday facilitation. Get access to exciting travel packages, exclusive deals, and personalized assistance in planning your dream vacation.

    Choose your preferred savings method – standing order, check-off system, or direct deposits – and experience a hassle-free journey to your dream holiday.

    Unlock the door to unforgettable vacations with Bandari Sacco's Holiday Savings Account. Start saving, start traveling, and make every holiday a memory worth cherishing!

  • Members can save effortlessly on a monthly basis through standing orders facilitated by our FOSA, ensuring seamless and consistent contribution towards your insurance coverage.

    Our Bima Account is interest-bearing, allowing you to earn returns on your contributions. Enjoy the peace of mind that comes with timely settlement, ensuring continuous and uninterrupted protection for your valued assets.

  • Enjoy the flexibility of renewing your fixed deposit upon maturity, ensuring your savings continue to work for you. 

    Choose a renewal period that aligns with your evolving financial objectives. Use your fixed deposit as security for loans and advances, unlocking additional financial opportunities. Leverage your savings to meet your diverse financial needs with confidence. 

  • Benefit from personalized appraisal and capacity evaluation, ensuring that you receive financial support tailored to your unique business needs.

    Experience the convenience of a one-stop shop for all your financial needs. From LPO financing to cheque payments and market linkages, the Biashara Club provides a comprehensive suite of services to fuel your business growth.

    Join our education and business symposiums for networking and skills acquisition. Engage with industry experts, fellow entrepreneurs, and gain insights to propel your business to new heights.

  • Your invested savings, deposits, and share capital earn competitive interest, paving the way for financial prosperity.

    When seeking a loan, present your vision through a business plan and group meeting minutes. Join us in building a strong financial future together!

  • Explore our range of services, including swift and secure electronic money transfers, efficient processing of advances with a quick 1-month recovery period, convenient banker's cheques, international transfers through Swift, automated standing orders, and real-time gross settlements (RTGS).

    Experience the future of banking with our integrated e-channels, making your financial transactions fast and secure. 

  • Benefits 
    • The shares have a guaranteed return of 18% p.a as approved by the annual delegates conference.

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