Below are important details about Banista Sacco:
- One must be within the common bond i.e. employee of Jooust.
- Spouse of Jooust staff.
- Apply using the prescribed forms.
- Pay an entrance fee (membership fee) of Kshs. 1,000.00
To apply for membership (JOOUST Employee) please download and fill in the forms below and submit them to the Bunista office:
For a JOOUST employee’s spouse to apply for membership, he/she should download and fill in the forms below:
Credit Products
- Loans are convenient and easy to get; with no hidden charges
- All loans are processed based on member’s ability to repay (1/3 rule).
- Loans are processed on Tuesdays and Thursdays on first come first served basis. All loans applications are required dully filled and accompanied with 2 recent pay slips a copy of ID and any other necessary attachments as is applicable.
- When the appraisal and approval process is complete, payments are done through Cheques / M-Pesa which is convenient and allows members access their money faster.
a) Normal loan
- New members can qualify for a loan after saving for 6 months.
- Up to 3 times a members shares
- Interest rate at 9.75% p.a on reducing balance
- Repayment period maximum 48 months
b) Super normal loan
- New members can qualify for a loan after saving for 6 months.
- Up to 4 times a members shares
- Interest rate at 13% p.a. on reducing balance
- Repayment period maximum 48 months
c) Emergency loan
- New members can qualify for a loan after saving for 6 months.
- Up to 2 times a members shares
- Interest rate at 9.75% p.a. on reducing balance
- Repayment period maximum 24 months
d) Instant loan
- New members can qualify for a loan after saving for 6 months.
- Maximum amount Kshs. 50,000.00
- Interest rate at 10%
- Repayment period maximum 6 months
e) Okoa loan
- New members can qualify for a loan after saving for 6 months.
- Maximum amount Kshs. 10,000.00
- Interest rate at 10%
- Repayment period 2 months.
f) Asset financing
- New members can qualify for a loan after saving for 6 months.
- Maximum amount x2 shares
- Interest rate at 15%
- Repayment period 24months.
- This include: water tanks, laptops, iphones, ipads,cookwares,solars,jikos.
g) Top – up loan
- On Normal loans only
- Qualify after repayment upto half the outstanding balance
- Interest rate 9.75% p.a
- Repayment period 48 months
- Premature top-up attracts a 2.5% commission charged on the outstanding balance
h) Home Development loan
- New members can qualify for a loan after saving for 6 months.
- Up to 3 times a members shares
- Interest rate at 9.75% p.a on reducing balance
- Repayment period maximum 48 months
THE CHAIRMAN, BUNISTA SACCO NON-WDT LTD.
BOX 194-40601, BONDO.
information@bunista.co.ke
Bunistasavingandcredit@yahoo.com
Office/ WhatsApp line: 0768546610
Web: http.www.bunistasacco.co.ke
Reli Sacco Membership is open to the Public. Anyone can be a member.
How to Join
- Fill the all the required parts of Membership form
- Provide a copy of your ID/Passport
- Provide a colored passport sized photo
- Provide a copy of your KRA pin certificate
- Make an initial contribution of KShs. 1000 which is a non-refundable Membership registration fee.
- The Monthly contribution for membership maintenance is a minimum of KShs. 1,000 for Pensioners paying through KRSBS and KShs. 3,000 for other members.
- State the manner in which your subsequent monthly contributions will be paid. I.e. Check-off systems for those in employments and Pension Schemes, or cash, bank, mobile money systems for those in business.
1. Holiday Savings
Holiday Savings makes your holiday planning that much easier. RELI’s Holiday Savings account allows you to set aside money each month so that when the time comes you can actually relax.
Requirements
Requirements for opening a HOLIDAY Account include; 2 coloured Passport Size Photographs, Original and a photocopy of the National Identity Card, completed account opening form.
Benefits & Features
» No minimum deposit to open this account
» Competitive rate of interest
» Maturity time is on 15th December
» withdrawable after 2 months notice
