Frequently Asked Questions
Most frequent questions and answers
- A fully filled membership application form
- A copy of the National Identity Card/Passport (Both sides)
- Two recent color passport size photographs
You need to fill in a membership application form and pay a membership fee of Kshs. 1000. Then submit the fully completed form to Sacco office for registration.
Yes currently all our loans require guarantorship; however one can be a self guarantor up to 80% of their deposits if the deposits are not committed.
Yes, by filling in a change in share contribution form and pass it to the office or one of the SACCO officials.
Consistent saving for a minimum of three (3) months qualifies for credit in the Society.
A member can access any loan product as long as he/she qualifies for the product and has the ability to service the loan.
A member can resign from the SACCO by filling Membership withdrawal form. Any member with outstanding loan(s) withdrawing from the society while still employed shall pay full outstanding interest on the loan balance(s) and No guarantor will be allowed to resign from the society unless he or she finds another member to take his/ her place as guarantor.
Fully completed loan application form, Sufficient number of guarantors (depends on loan type), at least 2 current pay slips, A copy of National ID, Proof of active membership for at least three months.
Yes, by passing your pension or salary through the RELI SACCO SASA account, the 1/3 rule will be ignored during processing of your loan.
If you are a continuing member and you have filled and submitted the change of Pay point to SASA bank form, your employer should acknowledged the request to change pay point. The member will then be eligible to loaning facility without consideration of the 1/3 rule in 1-2 days so long as all other loaning requirements have been met.