Bandari SACCO
Compare all 1 products from Bandari SACCO in Kenya. Rates from 11.5%. Borrow up to Kshย 12,000,000.
Bandari SACCO Pros & Cons
+Pros
- โCompetitive 11.5% interest on reducing balance
- โUp to 3x deposits development loan
- โTailored for port of mombasa workers
- โMombasa HQ anchor branch
- โTenure up to 72 months
- โSwahili-first service
-Cons
- โRestricted to port common bond members
- โGuarantors required from same SACCO
- โMinimum 3 months deposits before first loan
- โProcessing can take up to 48 hours
- โCoast-region common bond
- โPort-shift schedule required for capacity check
Eligibility Requirements
- โNational ID
- โMembership certificate
- โPayslips (3 months) or trade proof
- โGuarantor forms (2+ guarantors)
- โKRA PIN certificate
Frequently Asked Questions
What interest rates does Bandari SACCO offer?
Bandari SACCO offers interest rates from 11.5% across their product range.
What loan amounts are available from Bandari SACCO?
Bandari SACCO offers loan amounts from Kshย 50,000 up to Kshย 12,000,000 depending on the product and your eligibility.
How fast does Bandari SACCO disburse loans?
The fastest disbursement time from Bandari SACCO is 24-72 hours. Actual processing time varies by product type and application completeness.
Does Bandari SACCO require CRB clearance?
Bandari SACCO does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.
How many products does Bandari SACCO offer on PesaMarket?
Bandari SACCO currently has 1 products listed on PesaMarket across 1 category: SACCO Loans.
Products Available
Compare Bandari SACCO With
Best For
- โKPA permanent employees
- โMombasa port contractors
- โCoastal civil servants
- โDhow operators funding upgrades
- โCoastal families schooling children
Compare Bandari SACCO with 4+ Other Lenders
Browse all lenders on PesaMarket to find the best rates and terms for your needs.