Main Savings A/c
The Main Savings Account is the core of your relationship with Baptist Convention SACCO. It is a mandatory savings account that every member must maintain to enjoy access to all SACCO products and services. Unlike a regular bank account, this account is not used for daily deposits or withdrawals. Instead, it is designed to promote consistent, long-term saving, helping you build financial stability and qualify for affordable SACCO loans to meet your personal or development goals.
Benefits of Main Savings Account:
- Opportunity to build a long term Savings for future use
- Use as loan collateral to Access to Sacco loans and other services
- Loan entitlement of upto 4 times your savings
- Annual interest returns based on Sacco’s profitability
- Earn annual interest based on SACCO performance
- Supports access to all SACCO loan products
- Encourages a disciplined savings culture
- Funds are only withdrawable upon membership exit, as per SACCO by-laws
Turn Your Contributions Into Opportunities
If you’re planning to invest, build or buy a home, fund education, handle an emergency, go on holiday, or meet personal financial needs, your Main Savings Account is your gateway to affordable SACCO financing.
With regular monthly contributions, you’ll unlock access to a variety of loan products designed to help you achieve your goals.
Start Your Journey to Financial Empowerment
To qualify for SACCO loans and enjoy our wide range of financial products, here’s what you need:
✅ Become a Member
✅ Consistently contribute to your Main Savings Account for at least 3 months
✅ Maintain a minimum monthly contribution of KES 5,000
💡 Why Become a Member?
Access to affordable loans
Competitive interest returns on savings
Empowerment through Christian-based financial solutions
Be part of a growing, supportive community
