+254 114 743 143 info@jambosacco.com

Savings Products

Grow your money securely with our range of savings products designed for different needs

Open an Account Today

Our Savings Products

Choose the savings plan that fits your financial goals

Regular Savings

Earn up to 8% interest

The foundation of your financial journey with Jambo Sacco. Our regular savings account helps you build a savings habit while earning competitive interest.

Key Features:
  • Minimum opening balance: KES 1,000
  • No monthly maintenance fees
  • Unlimited deposits
  • Withdrawals allowed with notice
  • Eligibility for loans after 3 months
  • Quarterly interest payments
Open Account

Fixed Deposit

Earn up to 12% interest

Lock in your funds for a fixed period and earn higher interest rates. Perfect for when you have a lump sum you don't need immediate access to.

Key Features:
  • Minimum deposit: KES 50,000
  • Flexible terms from 3 to 24 months
  • Higher interest rates for longer terms
  • Interest paid at maturity
  • Early withdrawal penalty applies
  • Automatic renewal option
Invest Now

Target Savings

Earn up to 10% interest

Save towards a specific goal - education, wedding, vacation, or any other financial target with this disciplined savings plan.

Key Features:
  • Set your savings target amount
  • Flexible monthly contributions
  • Higher interest than regular savings
  • Withdrawal only at target maturity
  • Option to extend target period
  • Bonus interest for achieving target
Start Saving

Junior Savers

Earn up to 9% interest

Help your children develop a savings culture early with our special account designed for minors (under 18 years).

Key Features:
  • Minimum opening balance: KES 500
  • No monthly fees
  • Parent/guardian operated
  • Special gifts on birthdays
  • Financial literacy materials
  • Automatic conversion to regular account at 18
Open Junior Account

Why Save With Jambo Sacco?

Safe & Secure

Your deposits are protected and insured. We're regulated by the SACCO Societies Regulatory Authority (SASRA).

Competitive Returns

Enjoy higher interest rates on your savings compared to commercial banks.

Annual Dividends

As a member, you earn dividends from our annual profits in addition to your interest.

Savings Calculator

Your Savings Projection:
Total Contributions: KES 0.00
Total Interest: KES 0.00
Projected Value: KES 0.00
Start Saving Now

How to Open an Account

Join Jambo Sacco in just a few simple steps

1

Complete Application

Fill out our membership application form either online or at any of our branches.

2

Provide Documents

Submit copies of your ID, passport photo, and other required documents.

3

Pay Share Capital

Make your initial share capital payment (KES 1,000) and opening deposit.

4

Activate Account

Receive your membership number and start enjoying our services.

Begin Application

Frequently Asked Questions

Find answers to common questions about our savings products

The minimum opening balance for our regular savings account is KES 1,000. After opening, there is no minimum balance requirement, though we encourage members to maintain consistent savings.

Interest on regular savings is calculated daily and paid quarterly. Fixed deposit interest is paid at maturity. All interest payments are subject to applicable withholding tax.

Yes, but early withdrawal from fixed deposits attracts a penalty of 2% of the interest earned. You'll need to give us 7 days notice for fixed deposit withdrawals.

You can track your savings through our mobile app, USSD service (*483*888#), monthly statements, or by visiting any of our branches. We also send SMS alerts for all transactions.

The junior account automatically converts to a regular savings account in the child's name. The child gains full control of the account and can access all our products and services.

Start Your Savings Journey Today

Join thousands of Kenyans who are achieving their financial goals with Jambo Sacco

Open an Account Ask a Question