Terms And Conditions

• This is a product for Safaricom Investment Cooperative members only

• Minimum amount is KES 50,000

• Mode of payment is one-off lump sum payment.

• If you withdraw before maturity, you will lose all interest accrued. No fee will be charged for withdrawing before maturity.

• The principal is payable back together with Interest upon maturity

• Forms to be submitted with a copy of your Passport photo, PIN and ID

• Upon Maturity, refund to be effected within 10 days of notice issue

• Interest is payable subject to 15% withholding tax.

Interest Rates

Amount	6 Months	7-12 Months
50,000-500,000	10.00%	10.50%
500,001-1,000,000	10.50%	11.00%
1,000,001-3,000,000	11.00%	11.50%
> 3,000,001	11.50%	12.00%