Bandari Sacco Membership
SACCO membership · Regulated by the SASRA
A member-owned co-op. You buy share capital and save a set amount each month. Bandari DT Sacco is licensed by SASRA to take deposits.
Hear when this changes
What to watch out for
- Deposits are only paid out when you leave and after a 60‑day notice. Shares are not paid out in cash; you may transfer them.
- Minimum monthly non‑withdrawable deposit is KES 1,500 or KES 50 a day.
The details that matter for this kind of plan
- Licence
- Listed as a deposit-taking SACCO by SASRA for 2026
- Minimum share capital
- KES 10,500 to join; shares are non-redeemable but transferable
- Interest rate
- 12% p.a
How to open this
- then KES 1,500 a month
What does it cost you?
| Admin chargemember deposits | Nothing |
|---|
What if you stop paying?
Your deposits stay while you are a member. If you leave, they say you can get deposits back after 60 days. Shares are not paid back in cash.
What if you need the money early?
You cannot withdraw monthly deposits while you stay a member. You can ask for them when you leave, after 60 days. Share capital is not withdrawable; you may transfer it.
Who this suits
You want a SACCO with clear monthly rules and you can pay at least KES 1,500 a month.
You need to take money out often. Members cannot withdraw deposits until they leave.
What they tell you
- What is the smallest amount you can start with?KES 1,500.
- Are all their charges published?Yes, every charge they mention has a figure against it.
- Do they say who regulates them?Yes — the SASRA. That is who you complain to.
Talk to them
- Website: bandarisacco.co.ke
- Email: info@bandarisacco.co.ke
- If something goes wrong, the SASRA is who supervises 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
- 27 September 2026
- Admin charge is now KES 0, and was not published before
- 22 August 2026
- Somebody read the company's own material only a regulator's listing → researched
- Smallest monthly payment is now KES 1,500, 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.
“Enjoy attractive returns with a track record of 18% dividends and 12% interest on deposits over the last 7 years, ensuring consistent value for your money.”
“Non-Withdrawable Deposits These are monthly deposits that constitute active membership to a Sacco with the minimum currently pegged at Kshs.1, 500.00 per month or Kshs.50.00 per day.”
“Pocket-friendly account management expenses – No ledger fees”
“Listed as a deposit-taking SACCO by SASRA for 2026”
SASRA: list of licensed and authorised Sacco societies, FY ending 31 Dec 2026the regulatorread 2026-09-16
Where we got this
- Read on 2026-09-16
- Bandari DT Sacco — Membership pagethe company itselfRead on 2026-09-27
- Bandari DT Sacco Membership pagethe company itselfRead on 2026-09-27