Updated 24 October 2026
Bandari DT Sacco, the Mombasa Sacco with roots in the port, paid 18% on share capital and 12.5% interest on deposits in its latest payout. Its chairman gave those figures in September 2026, when he spoke about the Sacco’s expansion into Lamu. The calculator below is set to the 12.5% deposit rate.
Rates are what was last published, gross of tax. Money market funds are compounded monthly; bills, bonds, deposits and SACCO returns are worked out as simple interest. Your actual return will differ.
For the dividend, enter your share capital and set the rate to 18%. The 5% withholding tax is deducted automatically.
Bandari’s History
Bandari started among employees of the East African Harbours and Railways Corporation. It took its current name in 1985, when its parent employer became the Kenya Ports Authority, and opened membership to the general public in 2005. It now has branches in Mombasa, Nairobi, Kisumu and Lamu, and a branch in Eldoret has been announced. The Lamu branch was opened to bring fishermen and small traders in the region into the Sacco.
2025 Results
| Measure | 2024 | 2025 |
|---|---|---|
| Profit for the year (Sacco) | KSh 263 million | KSh 322 million |
| Total dividends | KSh 107 million | KSh 124 million |
| Total assets | KSh 13.8 billion | KSh 15.3 billion |
| Loans and advances | KSh 8.7 billion | KSh 9.6 billion |
At group level, which includes its subsidiaries, profit dipped from KSh 303 million to KSh 289 million, while the Sacco itself earned more.
Example
A member holding the minimum KSh 10,500 in shares and KSh 150,000 in deposits would earn KSh 1,890 in dividend and KSh 18,750 in interest. That is KSh 20,640 before tax and about KSh 19,610 after the 5% withholding tax.
Membership Requirements
- You must be 18 or older
- A national ID or military ID
- A passport-size colour photo
- Minimum share capital of KSh 10,500. Shares cannot be redeemed, but they can be transferred
- Monthly deposits of at least KSh 1,500, or KSh 50 a day
The daily option suits traders and fishermen with irregular income who would struggle to commit to a fixed monthly amount.
Paying In and Contacts
Pay contributions through M-Pesa paybill 146320, at the counter, or by standing order or direct debit. Phone 0724 002 525 or email info@bandarisacco.co.ke. Plan a loan with the Bandari Sacco loan calculator.
Frequently Asked Questions
What dividend does Bandari Sacco pay?
Its chairman said in September 2026 that the latest payout was 18% on shares and 12.5% on deposits.
Is Bandari Sacco only for Kenya Ports Authority staff?
No. It has been open to the public since 2005.
What is the Bandari Sacco paybill?
146320.
What is the minimum saving at Bandari Sacco?
KSh 1,500 a month, or KSh 50 a day, plus KSh 10,500 in share capital.
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