
SHERIA SACCO SOCIETY LIMITED HEAD OFFICE Tel: +254 20 2010396 / 0722745156, P. O. Box 3439000100, Nairobi Email: bosa sheriasacco.coop / www.sheriasacco.coop SACCO FOSA OFFICE Milimani law Courts,.
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How to fill out the Sheria Sacco online
This guide provides a comprehensive overview of how to fill out the Sheria Sacco loan application form online. By following these structured steps, users will efficiently complete their application, ensuring all necessary information is accurately submitted.
Follow the steps to successfully complete the Sheria Sacco loan application form.
- Click the ‘Get Form’ button to access the loan application form. You will be prompted to open it in an online editor where you can begin filling it out.
- In the first section, 'Particulars of the applicant', clearly enter your details as per your identification document. Ensure the name aligns with your ID, and provide your membership number, ID or passport number, mobile number, gender, marital status, postal address, postal code, town, email address, and physical residence details.
- Proceed to the 'Employment details' section. Indicate whether you are self-employed, salaried, retired or other. If you are employed, fill in the employer’s name, the relevant telephone number, postal address, physical location, position, and terms of employment (permanent, temporary, casual). If self-employed, attach the last six months of bank statements and provide your business name, nature of business, years in operation, and approximate monthly income.
- Next, move to the 'Loan particulars' section. Select the type of loan you are applying for by ticking the appropriate box and specify the amount you wish to borrow in both figures and words. Also, indicate the repayment period and the purpose of the loan.
- In the 'Guarantors particulars' section, provide details for your guarantors including their names, ID numbers, contact information, and the amount they are guaranteeing. Ensure you have enough guarantors as per the requirements.
- Review the 'Declaration' section. Read the statements carefully and confirm that the information you have provided is accurate. Sign and date the form, and include the witness's name and signature, ensuring the witness is an active member of the society.
- If applicable, complete the section for loans held in other financial institutions, providing details such as the institution name, amount advanced, date granted, repayment period, and outstanding balance. Include any request for a loan clearance facility.
- Fill out the 'Office recommendation' section as instructed. This part is typically completed by Sheria Sacco staff after your application is reviewed.
- Finally, review all sections for accuracy and completeness. Save any changes made, then download, print, or share the form as necessary, ensuring that you also keep a copy for your records.
Complete your Sheria Sacco online application today!
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What is the interest rate for Sheria Sacco?
Interest of 6% is recovered upfront. This is a compulsory monthly contribution of Kshs. 200 by all members.
How to join Sheria Sacco Kenya?
How to Join Check whether you have met the requirements. A filled membership application form. A copy of National ID /Passport. A filled Nominee card. ... Fill the Membership Application Form. Scroll to the bottom and click “Apply Now” to download the form. That's it! Wait for our team to contact you. Our team will contact you.
What are deposits in a Sacco?
These deposits are used as collateral against borrowings from the Society and shall only be refunded when a member withdraws from membership and provided the member has fully repaid all his debts and is free from guarantee. Shares may earn dividends paid from net surplus at the end of a financial year.
Which is the best performing SACCO in Kenya?
Summary of the best Saccos you can invest in 2023. Stima Sacco. Mhasibu Sacco. Waumini Sacco. Kimisitu Sacco. Safaricom Sacco. Gusii Mwalimu Sacco. Metropolitan National Sacco Ltd. Sheria Sacco.
How do you become a member of Sheria Sacco?
How to Join Check whether you have met the requirements. A filled membership application form. A copy of National ID /Passport. A filled Nominee card. ... Fill the Membership Application Form. Scroll to the bottom and click “Apply Now” to download the form. That's it! Wait for our team to contact you. Our team will contact you.
How much does it cost to join a Sacco?
Fill an application form for membership. Pay a membership fee of Ksh. 1000 once.
What is the minimum deposit for Sheria Sacco?
The minimum share capital for each member is Kshs. 20,000 which earns dividends for the member.
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