Stima Sacco, login, portal, Saving Accounts, M-pawa and M-Stima, Dividends 2020, Branches and Contacts

Stima Sacco DT is a licensed Deposit Taking Sacco. The Sacco was established in 1974 with the sole objective of uplifting the members’ social economic well-being.

In April 2003 the Sacco responded to members banking needs by introducing the Front Office Service Activity (FOSA) to offer banking services to its members.

Stima Sacco Dividends 2020

Te Sacco’s board of directors had recommended payment of a first and final dividend of 14 percent per share on fully paid up shares as of 31 December 2019, and interest rebates on members’ deposits at the rate of 10.5 percent.

Stima Sacco DT Membership

The good thing is that any Kenyan citizen is eligible to join Stima Sacco regardless of his or her area of residence. The Sacco accepts membership at three levels, Individual Membership, Joint Membership, and Group Membership.

Stima Sacco Individual Membership and Joint Membership

To join the Sacco one needs to;

  1. Complete Membership Application Form
  2. Attach copy of Kenyan National Identity Card or Valid Kenyan Passport
  3. Attach coloured passport size photograph..
  4. Copy of KRA PIN Number

Stima Sacco Group Membership

This includes; Corporate, Chamas, Self-help Groups etc. To join the Sacco one needs to;

  1. Complete group membership application form.
  2. Attach minutes of the group’s meeting resolving to join Stima Sacco.
  3. Attach the group’s constitution.
  4. Attach copies of Identification Cards, Passport and photos of authorised signatories.
  5. Attach copy of group’s registration certificate.
  6. KRA PIN Numbers (Where applicable)
CategoryRegistration (Kshs)*Minimum Monthly Alpha Deposits Contribution(Kshs)Share Capital
Individual5001,00025,000
Joint5001,00025,000
Group5005,00050,000

Stima Sacco DT Saving Accounts

Here is a list of saving accounts with their features;

STIMA SACCO SHARES

This is a portion of member`s equity in the Sacco Account Features

  • • Individuals Kes. 25,000 min.
  • • Groups Kes. 25,000 min.
  • • Corporate Kes. 50,000 min.
  • • Earns Dividends annually
  • • Dividends shall be automatically capitalized for any member holding less than the Minimum Share Capital
  • • Non Refundable (Can only be transferred to an existing member) ALPHA

STIMA SACCO ALPHA DEPOSIT

Continuous monthly savings by membersAccount Features

  • Individuals Kes. 25,000 min.
    • Minimum Monthly contributions; Individuals Kes. 1,000-, Groups Kes. 5,000/-, Corporates Kes 10,000/-
    • Earns interest annually
    • Interest Rebates shall be automatically capitalized for any member holding less than the Minimum Share Capital
    • It’s the loans multiplier & allows members to access deposit based loans
    • Can be contributed through standing order, check off, mobile banking, bank transfer or direct deposit
    • Can only be accessed upon membership withdrawal

STIMA SACCO PRIME ACCOUNT

This is a Transactional account like a bank’s current account. Account Features

  • Allow salary processing, cheque clearing, loan, External & Internal transfers
  • No ledger fees or monthly charges · Minimum Kes 500
  • Amounts above Kes.15,000/- Earns interest of 2%
  • Maximum of Kes. 400,000- per day over the counter
  • Funds access channels include; SACCO LINK ATMs, Stima Sacco checkbook and Mobile banking
  • Statements can be viewed online via the web portal
  • Dormancy after 6 months

STIMA SACCO MSINGI BORA ACCOUNT

Saving plan for children to help members accumulate savings for paying school feesAccount Features

  • Minimum monthly savings of Kes. 500/-
  • Account minimum balance of Kes.500/-
  • Contract term between 5 – 18 Years
  • Projected savings insured against the principle member death and permanent disability
  • • After 3 years member qualifies for a self-guarantee school fees loan of up to 75% of the Msingi bora savings
  • • Interest of 5% p.a. paid at the end of the contract
  • • Premature termination of the contract;
  • Forfeiting the interest earned and pay 2% early withdrawal charges
  • Refund all premiums paid to the insurance
  • Dormancy after 6 months

STIMA SACCO JUNIOR STAR

Children short term savingsAccount Features

  • Minimum monthly savings of kes. 500/-
  • Minimum account balance Kes 500/-
  • Withdrawal can be done once after every 4 months
  • • Early withdrawal charges: 500/- for amounts less than 10,000
  • 5% for amounts greater than 10,000/ or capped at 2000/- whichever is lesser
  • Not to be considered when the amount is being utilized to pay off an outstanding loan.
  • Not to be considered when the amount is being transferred internally to any of the member’s Savings Account with the exemption of Prime Account.
  • No ledger fees or monthly charges · Minimum monthly balance 500/- · Dormancy after 6 months

STIMA SACCO TWIGA SAVINGS ACCOUNT

This is a portion of member`s equity in the SaccoAccount Features

  • Minimum monthly savings Kes.1000/-
  • Balance above 6,000/- earn interest of 3% p.a
  • No monthly charges
  • First withdrawal can be done after 6 months, after which can be made every 3 months
  • Early withdrawal charges are as follows; 500/- for amounts less than 10,000.
  • 5% for amounts greater than 10,000/ or capped at 2000/- whichever is lesser.
  • Not to be considered when the amount is being utilized to pay off an outstanding loan.
  • Not to be considered when the amount is being transferred internally to any of the member’s Savings Account with the exemption of Prime Account.
  • Minimum monthly balance of 500/-
  • Dormancy after 6 months


STIMA SACCO FIXED DEPOSIT RATES

latest FDR rates as at Quater 1 2019Fixed Deposit Rates Table

Amount (Kshs)CALL3MONTHS6MONTHS12MONTHS
5000-499995.00%5.00%5.00%5.00%
50,000-399,9995.25%5.25%5.25%5.50%
400,000-999,9995.50%5.50%5.50%6.00%
1m-2,999,9995.75%5.75%6.00%6.50%
3m-4,999,9996.00%6.00%6.50%7.00%
5m-9,999,9997.00%6.25%7.00%7.50%
10m-24.9m7.00%6.50%7.50%8.00%
25m-49.9m7.00%7.50%8.00%8.50%
50m-99.9m7.00%8.00%8.50%8.75%
100m and above7.00%8.50%8.75%9.00%

Stima Sacco Mobile Banking(M-PAWA and M-Stima)

Stima Sacco Mobile banking enables members to access services at the palm of their hands using their mobile phones.

Services offered include;

  • My account
  • Internal Funds Transfer
  • External Funds Transfer
  • M-Advance
  • Airtime top-up
  • Withdrawal
  • Account Balances
  • Customer Services Request
  • Utility Bill Payment
  • Other

To register for the Stima Sacco Mobile Banking(M-PAWA and M-Stima), download the registration form fill it and take it to nearest branch or one can visit nearest branch and seek for assistance.

Stima Sacco Portal Log

Members can login and access myriad of services. To login click  here

Stima Sacco DT Branches and Contacts

To date the Sacco has nine branches in Nairobi(Parklands), Mombasa, Kisumu, Nakuru, Olkaria,Eldoret, Nairobi CBD, Embu and Kawi Centre (South C)

Stima Sacco Nairobi Branch

Located at Stima Sacco Plaza Mushembi Road, Parklands in Nairobi Kenya. P.O. Box 75629-00200. Tel: 0703024000 Email: nairobibranch@stima-sacco.com

 Directions

Stima Sacco Mombasa Branch

Electricity House, Ground Floor Nkrumah Road. P.O. Box 2593-80100, Mombasa. Tel: 0703024401/2/3/4/5 Email: msafosa@stima-sacco.com

Stima Sacco Eldoret Branch

Visit Us at Zion Mall, Malaba Road. P.O. Box 7952-30100, Eldoret. Tel: 0703024801/2/3/4/5 Email: eldoretbranch@stima-sacco.comDirections

Stima Sacco Nakuru Branch

Visit Us at Meems Building, Kenyatta Avenue Nakuru. P.O. Box 4083-20100, Nakuru. Tel: 0703024601/2/3/4/5 Email: nkrbranch@stima-sacco.comDirections

Stima Sacco Olkaria Branch

Visit Us at Geothermal Complex, Olkaria. P.O. Box 1203-20117, Naivasha. Tel: 0703024701/2/3/4/5 Email: olkariabranch@stima-sacco.com

  Directions

Stima Sacco Kisumu Branch

Visit Us at Westend Mall, Achieng Oneko Road. P.O. Box 2593-80100, Kisumu. Tel: 0703024501/2/3/4/5 Email: kisumubranch@stima-sacco.com

  Directions

Stima Sacco Nairobi CBD Branch

Located at Victor House, Kimathi Street in Nairobi Kenya. P.O. Box 75629-00200. Tel: 0703024000 Email: cbdbranch@stima-sacco.com Directions

Stima Sacco KAWI Branch

Located at Kawi Complex, South C Bellevue |Off Mombasa Road |Off Red Cross Road |0703 024 852/3 Email: kawibranch@stima-sacco.com Directions

Stima Sacco Embu Branch

Located at Embu Pearl Center in Embu Town. P.O. Box 388-60100. Tel: 0703024000 Email: embubranch@stima-sacco.comDirections

Stima Sacco Head Office

Located at Stima Sacco Plaza Mushembi Road, Parklands in Nairobi Kenya. P.O. Box 75629-00200. Tel: 0703024000 Email: customercare@stima-sacco.com Directions

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stima sacco contacts

Main office location
  • Stima Sacco Plaza Mushembi Road, Parklands in Nairobi Kenya. P.O. Box 75629-00200.
  • +254 703 024 000
  • +254 703 024 024
  • customercare@stima-sacco.com

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3 thoughts on “Stima Sacco, login, portal, Saving Accounts, M-pawa and M-Stima, Dividends 2020, Branches and Contacts”

  1. how can activate M. pawa app account. i was sent start key but unfortunately i forgot my pin. do i have to visit stima sacco branch to be given password.

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