Imarisha Sacco Membership Eligibility & Requirements

This article focuses on Imarisha Sacco membership eligibility and requirements. Imarisha Sacco is one of the largest deposit-taking Saccos in Kenya with an asset base of more than Kshs 19.82  billion.

Over the past years, the Sacco established itself as one of the top tier institution in the cooperative sector. It prides itself on exceptional customer service, effective technology and continuous innovation.

Imarisha Sacco Membership Eligibility

Individuals or person (s) from all occupations can join the Sacco.

Imarisha Sacco Membership Requirements

1. Individual Membership

  • Complete membership application form.
  • Copy of National ID.
  • Copy of KRA PIN.
  • Copy of payslip/ paystub.
  • Kshs 750 account minimum balance.
  • Kshs 100 account opening charge.

2. Group Membership

  • Complete membership application form.
  • Duly filled account opening form.
  • Group registration certificate from the department of social services.
  • Copy of ID of officials.

3. Joint Membership

  • Complete membership application form.
  • National ID for the joint applicants.
  • Passport size photo taken free on opening of the account for all the applicants.
  • Kshs 500 minimum account balance.
  • Kshs 150 account opening charge.

4. Diaspora Membership

  • Kenyan ID/passport.
  • Application fee of Kshs 360.
  • Initial membership contribution of Kshs 19,200.
  • Passport size photograph.

Imarisha Sacco Products

1. FOSA Loans

  • Short term advance (1 month).
  • Long term advance (6 months).
  • Inua loan (24 months).
  • Daraja loan (36 months).

2. BOSA Loans

  • Re-finance loan.
  • Education/school fees loan.
  • Emergency loan.
  • Introductory loan.
  • Superior loan (96 months).
  • Take off loan (84 months).
  • Development loan.
  • Premium loan.
  • Sky loan.
  • Sky poa loan.
  • Karibu loan (12 months).
  • Ideal loan (84 months).

3. Savings Products

  • FOSA senior citizen account.
  • Savings account.
  • Fixed deposit account.
  • Parrot account.

4. Diaspora Products

  • Ughaibuni loan.
  • Homeland.
  • Nguvu loan.
  • Diaspora loan.

5. Services

  • M-imarisha (mobile banking).
  • Standing orders.
  • Sale of banker’s cheques.
  • SMS alerts.
  • Call centre service 24/7.
  • Cheque book.
  • ATM banking.
  • Mpesa.
  • HIF contribution.
  • Safe custody of documents and other items.
  • Prompt salary processing.

Imarisha Sacco Contacts

Head Office: Imarisha Sacco Building, Moi Highway, Along Kericho- Nakuru Road.

Contact: 0709 578 000.

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Zack Abuyeka

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