Description
Deposit Product: Build Your Savings and Access Financial Benefits
The Deposit Product is a monthly savings facility designed to empower members financially. By contributing regularly, members can access loans, guarantee loans for others, and earn annual interest rebates. This product provides a solid foundation for financial growth and stability.
Key Features of the Deposit Product
- Minimum Monthly Contribution: Members are required to contribute a minimum of KES 3,000 per month, making it accessible and affordable for everyone.
- Rebates for Active Accounts: All active accounts earn annual rebates, helping members grow their savings over time.
- Loan Eligibility: Members qualify to borrow up to 3 times their deposits, enabling them to meet various financial needs with ease.
- Loan Guarantee: This facility also qualifies members to guarantee loans, fostering a supportive community of financial collaboration.
Why Choose the Deposit Product? This savings facility is ideal for members looking to strengthen their financial foundation while enjoying added benefits such as loan accessibility and interest rebates. By saving consistently, members not only build their deposits but also unlock valuable financial opportunities.
