The Savings account is tailored for formal and informal groups with the aim of saving while earning a high rate of returns and recurring and preparing for investment opportunities. Fortune chama account has a membership of 5 and above. Targeting Table banking groups, Family chamas, investment clubs and merry-go-round groups.
Requirements for opening a Chama Account; 2 coloured Passport Size Photographs, Original and a photocopy of the National Identity Card, completed account opening form.
Benefits & Features
» Competitive interest rates on savings
» No minimum monthly contribution once account is operational
» Access to individual loans for chama members against chama account
» Chama Loan can be advanced up to 5 times the groups savings
» Free standing orders to the Chama account for Sacco Members
» Members can individually access loans
» Assignment of a dedicated Relationship officer who will also be involved in the Chama loan credit processing
» Access to free regular Chama clinics
» Access to cheque books and bankers cheques
For further information kindly contact our Customer care representatives at any of our branches or e-mail us on firstname.lastname@example.org