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Patnas Sacco Society Ltd.

Patnas Sacco Membership

SACCO membership · Regulated by the SASRA

It is a member-owned SACCO licensed by SASRA. It has over 27,000 members and assets over KES 600 million.

Hear when this changes

What to watch out for

  • SASRA lists this society as licensed for deposit-taking business in 2026.
  • The society's own website does not publish an entry fee or a minimum monthly deposit.

The details that matter for this kind of plan

Licence
Listed as a deposit-taking SACCO by SASRA for 2026
Share capital
Minimum share capital balance of KES 5,000 to hold fixed deposits
Fixed deposit rate
13% per annum, minimum lock period 1 month
Non-withdrawable deposits
5% of income up to KES 400 per month, earns interest annually
Members' welfare
2% of income up to KES 70 per month, covers funeral expenses
Notice period
60-day notice required to refund non-withdrawable deposits when exiting

How to open this

  • Open with KES 5,000
  • locked in for 1 months

What if you stop paying?

Ask the SACCO what happens if you stop paying before you join.

What if you need the money early?

You need 60 days' notice to get non-withdrawable deposits back. You can end a fixed deposit at any time, but you get no interest if you do.

Who this suits

It could work for you if

You want a SACCO with a published website and clear product terms.

Think twice if

You need the entry fee or smallest monthly deposit to be shown.

What they tell you

  • What is the smallest amount you can start with?
    KES 5,000.
  • How long is your money tied up?
    1 months.
  • Do they say who regulates them?
    Yes — the SASRA. That is who you complain to.

Talk to them

Compared with the others

There are 222 other plans of this kind on the board. See all 223 side by side — what each one leaves you with, and which of them will not say.

What has changed here

  • 21 September 2026
    • Somebody read the company's own material only a regulator's listing → researched
    • How long your money is tied up is now 1 month, and was not published before
    • Smallest lump sum to start is now KES 5,000, and was not published before

We started keeping this record in August 2026. Anything that changed before then is not here. The whole board's record.

What the documents actually say

Every figure above was read out of a document. These are the sentences, word for word, so you can check them rather than take our word for it.

Where we got this