We promote a savings and investment culture while providing affordable credit for the enhancement of the economic and social welfare of our members and other stakeholders

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    Employer Check Off Facility

    Kingdom Sacco Employer Check-Off Now Available

    Make Saving and Loan Repayment Easier with Kingdom Sacco

    Managing your finances becomes easier when you have a convenient and reliable way to save. Kingdom Sacco offers an Employer Check Off Facility that allows employed members to arrange for their employer to remit monthly savings, loan repayments or a portion of their salary directly to their Kingdom Sacco account through Electronic Funds Transfer (EFT).

    Whether you are building your savings, repaying an existing loan or working towards your financial goals, the check off facility helps you maintain a consistent financial routine with less hassle.

    How Does the Check Off Facility Work?

    The process is simple:

    1. Contact Kingdom Sacco: Express your interest in enrolling for the Employer Check Off Facility.
    2. Obtain the required form: Request a Check Off Deduction Advice form from Kingdom Sacco.
    3. Submit to your employer: Forward the completed form to your employer or Human Resources department for processing.
    4. Begin your deductions: Once the arrangement has been approved and activated, your employer can remit the agreed deductions to your Kingdom Sacco account.
    Benefits of the Employer Check Off Facility

    1. Consistent Savings

    Build your savings through regular monthly contributions, helping you develop financial discipline and work towards your future goals.

    2. Convenient Loan Repayment

    Make your loan repayments easier to manage through scheduled salary deductions, subject to the agreed arrangement.

    3. Better Financial Planning

    Plan your monthly expenses more effectively by agreeing on your savings and repayment commitments in advance.

    4. A Step Towards Financial Growth

    Regular savings can help you strengthen your financial foundation and work towards accessing the financial solutions available to eligible Kingdom Sacco members.

    Frequently Asked Questions

    Reactivating a dormant BOSA account at Kingdom Sacco is free of charge. Simply resume your regular savings contributions to restore full access to membership benefits, including borrowing capacity, affordable credit, and mobile banking services.

    Kingdom Sacco's mortgage loan carries an interest rate of 9.5% per annum on a reducing balance. The facility supports building a home, completing a stalled project, or purchasing a ready-built house, with repayment terms of up to 15 years.

    You need a savings requirement of only 5% of the loan amount to qualify for Kingdom Sacco's mortgage facility. The product also includes a grace period of up to 6 months before repayments begin.

    Yes. Kingdom Sacco's mortgage product is open to employed individuals, self-employed professionals, business owners, and diaspora members. This makes it accessible to Kenyans abroad who want to build or buy property at home.

    Dial *334# or open the M-PESA app, select Financial Services, then choose M-PESA Ratiba. Create a new transaction, select Paybill, enter Paybill Number 521000 and your SACCO account number, then set your preferred amount and frequency (daily, weekly, or monthly).

    Kingdom Sacco's mortgage loan carries an interest rate of 9.5% per annum on a reducing balance. The facility supports building a home, completing a stalled project, or purchasing a ready-built house, with repayment terms of up to 15 years.

    Kingdom Sacco's Paybill number is 521000. You can use it to make savings deposits, loan repayments, or set up automated M-PESA Ratiba transactions directly into your SACCO account.

    Kingdom Sacco's Asset Financing facility offers flexible repayment terms, competitive rates, and fast processing for both personal and business vehicle purchases. It's designed for members expanding a business fleet or buying their first personal vehicle.

    To join Kingdom Sacco follow these easy steps. 1. Download the Kingdom Sacco App from the Play Store or App Store. 2. Open the app and tap on “New Member Registration”. 3. Enter your ID number and follow the prompts to complete your details and submit. If you need any assistance, kindly WhatsApp 0792145050 and someone will get back to you.

    Kingdom Sacco offers a wide range of loan products including development loans, education and emergency loans, business and asset finance, group lending, mobi-loans, and an affordable mortgage facility. Members can access these through branch visits, and/or via Kingdom Sacco mobile app

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