Updated 2 November 2026
Hazina Sacco fees for a new member are a one-off KSh 1,000 registration fee, share capital of at least KSh 16,000 (the December 2024 level, rising by KSh 1,000 a year), a minimum monthly deposit of KSh 1,000 or 5% of basic salary, and a KSh 200 monthly welfare (benevolent fund) contribution. Loans then cost between 1% and 1.2% a month on a reducing balance for BOSA products, 1.1% to 1.17% for FOSA salary loans, and a once-off 5% to 10% charge on mobile loans. Here is every published Hazina Sacco charge, with examples.
Updated November 2026 from Hazina Sacco’s official product brochure, loan application form and downloads page (hazinasacco.or.ke). Hazina is a deposit-taking Sacco registered under the Co-operative Societies Act and supervised by SASRA. Where Hazina does not publish a fee, we say “not published”.
Hazina Sacco fees for joining
| Item | Amount | How it is paid |
|---|---|---|
| Registration (entrance) fee | KSh 1,000, one-off | Check-off members: deducted with the first payroll contribution. Private members: Paybill 850436, account ID number + ENT |
| Share capital (minimum) | KSh 16,000 as at December 2024, rising KSh 1,000 every year | Within the first 12 months or with your first loan, whichever is earlier |
| Monthly deposits | KSh 1,000 or 5% of basic salary (minimum) | Payroll check-off or Paybill (ID + DEP) |
| Welfare / benevolent fund | KSh 200 a month | Paybill (ID + WEF) or payroll |
So a private member who joins and wants to borrow quickly needs at least KSh 1,000 for registration, the share capital balance before the first loan, and KSh 1,200 a month for deposits and welfare. Membership is open to employees of national and county governments, state corporations, independent commissions and private organisations.
What the KSh 200 welfare contribution buys
| Bereavement of | Benefit paid |
|---|---|
| Member | KSh 100,000 |
| Spouse | KSh 75,000 |
| Child up to 25 years (max 2 claims a year) | KSh 50,000 |
| Biological parent | KSh 30,000 |
Hazina Sacco loan charges (BOSA)
All BOSA interest is per month on a reducing balance. Loans are up to 5 times your deposits (6 times for the Super Loan), subject to the one-third payroll rule.
| Loan | Interest (per month) | Max period | Max amount |
|---|---|---|---|
| Super Loan | 1.2% | 108 months | KSh 40 million |
| Normal Top-up Loan | 1.1% | 96 months | KSh 40 million |
| Normal Loan | 1% | 84 months | KSh 40 million |
| Daraja Loan | 1% | 48 months | KSh 40 million |
| Jibu Loan (new check-off members) | 1% | 24 months | KSh 300,000 |
| Emergency Top-up | 1% | 18 months | KSh 40 million |
| Emergency, School Fees, College Fees | 1% | 12 months | KSh 40 million |
| Stawisha (home improvement) | 1.2% | 24 months | KSh 350,000 |
Hisa Loan (to boost deposits so you can qualify for a bigger BOSA loan): limit KSh 500,000, interest 5%, and because it is treated as cash boosting, a further 10% charge applies, according to the brochure.
FOSA and mobile loan charges
| Loan | Charge | Period | Limit |
|---|---|---|---|
| Karibu Loan (FOSA) | 1.17% a month, reducing | 60 months | Not published in brochure |
| HSF Special Advance | 1.15% a month, reducing | 36 months | Not published |
| HSF Okoa | 1.1% a month, reducing | 18 months | Not published |
| Flash Advance (mobile) | Once-off: 5% (1 month), 6% (2), 8% (3), 10% (4) | 1–4 months | 20% of deposits or KSh 60,000; starts at KSh 10,000 |
| Mobi Loan (FOSA salary members) | Once-off: 8% (1 month), 9% (2), 10% (3–6) | 1–6 months | KSh 60,000 or 300% of net pay |
| Dividend Advance | 10% once, upfront | Recovered from dividends | 60% of last year’s dividends, from July via *850# or the app |
Worked example: a KSh 20,000 Flash Advance over one month costs KSh 1,000 (5%); over four months, KSh 2,000 (10%). A Normal Loan of KSh 1 million over 84 months at 1% a month reducing comes to about KSh 17,650 a month; check your own figures with our Hazina Sacco loan calculator.
FOSA account minimums
- Ordinary Savings: KSh 500 minimum balance, unlimited withdrawals.
- Premium Savings: KSh 1,000 minimum, interest-earning balance KSh 5,000, one withdrawal a quarter.
- Jewel Savings: KSh 500 minimum, KSh 3,000 to earn interest, two withdrawals a year.
- Fixed Deposit: KSh 20,000 minimum; Jipange, Jewel and fixed deposit interest is negotiable, quoted at 4% to 6% a year depending on amount and period.
ATM, EFT and RTGS fees for the FOSA account are not published in the brochure; ask the FOSA desk on 0727 086 480 before transacting.
Hazina Sacco fees not published
Hazina’s public documents do not list a loan processing or appraisal fee, a loan insurance premium, or a membership exit fee. The loan form says “Charges” are deducted at appraisal, so ask the loans office (0712 149 631) what will be deducted before you sign. To leave, Hazina’s downloads page has a Member Exit Interview Form; refund timelines are set in the by-laws, which are not online.
How Hazina compares
A 1% monthly reducing rate is roughly 12% a year, competitive with bank personal loans; see bank vs Sacco loans and best banks for personal loans. For branches, phone numbers and the paybill, see our Hazina Sacco branches and contacts page.
Sources
- Hazina Sacco product brochure (PDF)
- Hazina Sacco downloads page
- SASRA (Sacco Societies Regulatory Authority)
Frequently asked questions
How much is the Hazina Sacco registration fee?
KSh 1,000, paid once. Check-off members have it deducted with the first payroll contribution; private members pay through Paybill 850436 with their ID number followed by ENT.
What is the minimum share capital at Hazina Sacco?
KSh 16,000 as at December 2024, increasing by KSh 1,000 every year. It must be paid within 12 months of joining or with your first loan, whichever comes first.
How much do I contribute monthly to Hazina Sacco?
At least KSh 1,000 or 5% of your basic salary in deposits, plus KSh 200 a month to the benevolent (welfare) fund.
What is the Hazina Sacco loan interest rate?
BOSA loans are 1% to 1.2% a month on a reducing balance; FOSA salary loans are 1.1% to 1.17%. Mobile loans carry a once-off charge of 5% to 10%.
When can a new member borrow?
Check-off members can take a Jibu Loan after the first payroll remittance. Other members qualify after four months of consistent contributions.
Prefer WhatsApp? Follow Business Radar on WhatsApp
Weekly, free. We only use your email for this newsletter and you can unsubscribe in one click. Privacy policy.
