Mentor Sacco Accounts

 

Savings Account

Overview

An account which provides an opportunity for transactional purposes and all Sacco proceeds are channeled through this account.

Benefits

  • › Minimum operating balance of ksh.500
  • › No account opening balance
  • › ATM card on application
  • › Account accessible at any branch
  • › No cash deposit charges
  • › Free internal standing order
  • › Can be accessed via Quickcash mobile banking platform

Fixed Deposit Account

Overview

An investment account that allows members to fix a given amount for a fixed period. Minimum period of one month and a maximum period of one year.

Benefits

  • › Offers attractive returns to offset the cost of living
  • › Premature withdrawal of deposits allowed
  • › Affordable minimum deposit
  • › Competitive interest rates
  • › Higher interest rates when you save for a longer period of time.
 
 

Mentor Junior Account

Overview

Provides a medium for investing in the dependents future

Benefits

  • › Three Free bankers Cheques in an year
  • › No cash and Cheque deposit charges
  • › Free internal standing order
  • › Account accessible at any branch
  • › No ledger fees, maintenance fees and no monthly charges
  • › Low minimum account opening and operating balance

Requirements

  • › Copy of Guardian´s ID
  • › Copy of Birth Certificate or Birth Notification

Holiday Account

Overview

A structured medium for future saving especially for planned occasions

Benefits

  • › No minimum account opening and operating balance
  • › No cash and cheque deposit charges
  • › Free internal standing order
  • › Account accessible at any branch
  • › No ledger fees, maintenance fees and no monthly charges