Hazina Sacco Form
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People also ask
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What is the minimum deposit for Hazina Sacco?
Pay entrance fee of Ksh. 1,000. Make minimum monthly contributions of Ksh. 1,000 or 5% of the basic salary, whichever is higher.
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What is the interest rate for Hazina Sacco?
Super Loan Given at 6 times of a member's deposits. Maximum repayment period of 96 months. Interest rate of 1.15% per month on reducing balance.
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How long does a Sacco loan take?
How long does it take for one to get a loan? The turn around time is between 3 and 7 working days with an exception of emergency, instant and education loans that take a maximum of 12 working hours.
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Which is the best performing sacco in Kenya?
Best Saccos in Kenya as Per SASRA 2023 Report SACCOAsset Base (Ksh) United Nations SACCO 18.21 Billion Ukulima SACCO 15.18 Billion Hazina SACCO 14.70 Billion Gusii Mwalimu SACCO 14.30 Billion11 more rows • 4 days ago
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What is the length of time for a loan?
Long-term personal loans typically range from two to seven years, but some lenders offer 10-year terms for specific purposes or higher loan amounts. While a 10-year term can provide lower monthly payments, it often results in higher total interest paid over the life of the loan.
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Can I withdraw my savings from Hazina Sacco?
Member's deposits are refunded after 60 days of receiving written membership withdrawal instructions. This will require that a member has cleared all liabilities to the SACCO and has been replaced as a guarantor for any loans guaranteed by the member. A member is refunded 100% of their deposits.
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How long is the Hazina sacco loan?
Super Loan Maximum repayment period of 96 months. Interest rate of 1.15% per month on reducing balance.
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What is the normal loan for Hazina Sacco?
BOSA LOANS: Normal / Development 1% p.m period 84 Months, Top-up Loan 1% period 84 Months, School fees/College 1% period 12 Months, Super loan 1.15% period 96 Months, Emergency 1%, Emergency top-up 1% period 18 Months,Daraja Loan 1% period 48 Months,jibu Loan 1% period 24 Months, Hisa 5%.
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