HOW TO JOIN BANDS SACCO
- Fill Registration forms
- Registration fees / entrance fees -Kshs 500.00
- Shares capital of Kshs 5,000.00, not refundable but it’s transferable when one leaves the common bond
(The above two can be deducted through payroll)
- Minimum deposits contribution -Kshs 1,000.00(After being a member of the Sacco for over 1 year it automatically goes to Kshs 2,000.00)
- Upon admission to membership, the member shall nominate in writing one or more persons as his / her next of Kin.
- Member has a right to change his / her next of Kin but the change must be in writing & signed by the member.