Share Deposit Savings Account

Share Deposit Savings Account

This is a savings account that is used to borrow both short term and long term loans

Features

  • Minimum monthly deposit of Kshs. 1,000
  • Active members earn rebates annually
  • Qualifies members for loans of up to x of their deposit
  • Can fund the account through paybill, over the counter or internal transfer from ordinary account

Share Capital Account

Share Capital Account

Share Capital Account

Features

  • Share Capital of Kshs. 20,000 to become a full member
  • Become a full member of the Sacco
  • Attractive dividends paid per annum
  • Can fund the account through paybill, over the counter or internal transfer from ordinary account

Young Achiever’s children account

Young Achiever’s children account

Features

  • Parents must be an active NRS Sacco member
  • Child must be below 18 years of age
  • Minimum opening balance of Kshs. 500
  • Monthly contribution of Kshs. 500 every month
  • Limited withdrawals i.e. 3 times per year

Benefits

  • Attractive interest rate for deposits from Kshs. 5,000
  • Unlimited free deposits
  • 3 Free school bankers cheque per year
  • Savings can be used as collateral for securing school fees loan
  • Free birthday card
  • Annual Fun day

Chama and group account

Chama and group account

Features

  • Must have the group registration certificate
  • Must provide 3 signatories for the officials
  • Registration fee: Kshs. 1,000

Benefits

  • No minimum monthly contribution
  • Deposit is free
  • Deposit through paybill number: 238447 or USSD Code: *822#
  • Multiplier X 4 of your savings

E-Loan

E-Loan

Features

  • Attractive Interest Rate
  • Maximum Limit of upto Kshs. 50,000
  • Repayment Period – 1 months

Jijenge Loan

Jijenge Loan

Features

  • Must be an active NRS Sacco Member
  • Attractive Interest Rate
  • Access upto of 90% of own savings
  • Repayment Period of 12 – 24 months

Quick Fix

Quick Fix

Features

  • Must be an active NRS Sacco Member
  • Attractive Interest Rate
  • Maximum Limit of Kshs. 500,000
  • Repayment Period upto 6 months

Emergency loan

Emergency loan

Features

  • Fast approval and dispatch
  • Attractive Interest Rate
  • Repayment period is 12 months
  • Access upto 90% of your savings
  • Can get a bankers cheque written directly to school