Mwalimu National SACCO
Compare all 1 products from Mwalimu National SACCO in Kenya. Rates from 12%. Borrow up to Ksh 15,000,000.
Mwalimu National SACCO Pros & Cons
+Pros
- ✓Kenya's largest SACCO
- ✓Low 12% interest rate
- ✓High dividends (8-14% annually)
- ✓Automatic TSC deduction
- ✓Multiple loan products
- ✓Wide branch network
-Cons
- ✗Only for teachers/education sector
- ✗Requires guarantors from same SACCO
- ✗6-month membership required
- ✗Processing can take 72 hours
- ✗Must build deposits first
Eligibility Requirements
- ●National ID
- ●TSC Number
- ●Membership certificate
- ●Payslips (3 months)
- ●Guarantor forms
Frequently Asked Questions
What interest rates does Mwalimu National SACCO offer?
Mwalimu National SACCO offers interest rates from 12% across their product range.
What loan amounts are available from Mwalimu National SACCO?
Mwalimu National SACCO offers loan amounts from Ksh 50,000 up to Ksh 15,000,000 depending on the product and your eligibility.
How fast does Mwalimu National SACCO disburse loans?
The fastest disbursement time from Mwalimu National SACCO is 24-72 hours. Actual processing time varies by product type and application completeness.
Does Mwalimu National SACCO require CRB clearance?
Mwalimu National 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 Mwalimu National SACCO offer on PesaMarket?
Mwalimu National SACCO currently has 1 products listed on PesaMarket across 1 category: SACCO Loans.
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Best For
- ✓Teachers (TSC employees)
- ✓Education sector workers
- ✓Those seeking low interest loans
- ✓Teachers planning retirement
- ✓Long-term saving and borrowing
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