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1 Product๐Ÿฆ SACCO Loans

Bandari SACCO

Compare all 1 products from Bandari SACCO in Kenya. Rates from 11.5%. Borrow up to Kshย 12,000,000.

11.5%
Lowest Rate
Kshย 12,000,000
Max Amount
24-72 hours
Fastest Disbursement
1
Total Products
1
Categories
11.5%
Lowest Rate
24-72 hours
Fastest Disbursement
๐Ÿฆ

SACCO Loans

1
ProductRate
Bandari SACCO Development Loan
11.5%Apply

Bandari SACCO Pros & Cons

+Pros

  • โœ“Competitive 11.5% interest on reducing balance
  • โœ“Up to 3x deposits development loan
  • โœ“Tailored for port of mombasa workers
  • โœ“Mombasa HQ anchor branch
  • โœ“Tenure up to 72 months
  • โœ“Swahili-first service

-Cons

  • โœ—Restricted to port common bond members
  • โœ—Guarantors required from same SACCO
  • โœ—Minimum 3 months deposits before first loan
  • โœ—Processing can take up to 48 hours
  • โœ—Coast-region common bond
  • โœ—Port-shift schedule required for capacity check

Eligibility Requirements

CRB Check Required
Not required
Employment Types Accepted
KPA staffShipping agentsCoastal civil servantsLamu port transfer employees
Required Documents (across all products)
  • โ—National ID
  • โ—Membership certificate
  • โ—Payslips (3 months) or trade proof
  • โ—Guarantor forms (2+ guarantors)
  • โ—KRA 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.

Apply Now

Visit Bandari SACCO to explore their products and apply online.

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Products Available

Best For

  • โœ“KPA permanent employees
  • โœ“Mombasa port contractors
  • โœ“Coastal civil servants
  • โœ“Dhow operators funding upgrades
  • โœ“Coastal families schooling children

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