How to join Stima Sacco in 2026: membership types and fees

Updated 10 November 2026

If you want to know how to join Stima Sacco, the short answer is: dial *489# or fill in the membership form, pay a KSh500 registration fee, and commit to share capital of KSh25,000 plus monthly savings of KSh500 to KSh1,000, depending on your category. Membership is open to resident and non-resident Kenyans, individuals, joint applicants, groups and companies. This guide lists the fees for each category, the documents you need, how to pay, and what you get once your three member accounts are open.

Checked on 9 November 2026 against Stima DT Sacco’s official memberships page. Fees and requirements can change. Confirm with the Sacco before you pay.

How to join Stima Sacco: fees by membership category

Stima Sacco sets out four individual categories on its memberships page:

Knowing how to join Stima Sacco starts with picking the right category. Imara suits employees whose employer deducts contributions from payroll (check-off). Meridian is for employed people who pay in themselves. If you run a business, the lower KSh500 monthly minimum applies. The page does not say whether the KSh25,000 share capital must be paid in one go or can be built up over time, so ask before you register.

If you paid everything at once, your first month would cost KSh26,500 as an employee (KSh500 + KSh25,000 + KSh1,000), or KSh26,000 as a business person.

After you learn how to join Stima Sacco: the 3 accounts you get

Once registration is complete, Stima Sacco opens three mandatory accounts:

• Prime Account: a transactional or current account.
• Alpha Deposit: a non-withdrawable savings account. This is the multiplier account that sets how much you can borrow.
• Share Capital: your ownership stake in the Sacco, which earns the annual dividend.

The difference matters. Your monthly savings build your Alpha deposits, which earn interest and support loans. Share capital earns a dividend but is your stake in the Sacco, not ordinary savings.

How to join Stima Sacco: documents you need

The documents for how to join Stima Sacco depend on how you apply:

• Individual: a completed membership application form, a copy of your national ID or passport, a recent photo and a copy of your KRA PIN certificate.
• Joint: copies of a Kenyan national ID or valid Kenyan passport, a coloured passport-size photo and the KRA PIN for both applicants.
• Group (chamas and self-help groups of at least four members): the group application form, registration certificate, minutes resolving to join Stima Sacco, the group constitution, a list of members, and the IDs, KRA PINs and photos of authorised signatories.
• Corporate: the corporate application form, a directors’ resolution to open the account, certificate of incorporation, memorandum and articles of association, ID or passport copies and photos of signatories, and the company KRA PIN certificate.

Need a KRA PIN first? Get it on iTax before you apply, because every category asks for one.

How to join Stima Sacco step by step

1. Choose your category: Imara, Meridian, Business or Diaspora, or a joint, group or corporate account.
2. Dial *489# to register by phone, or download the application form from the memberships page. You can also leave your details on the online form and a representative will contact you.
3. Attach the documents listed above and submit them.
4. Pay the KSh500 registration fee and start your share capital and monthly savings.
5. Note your seven-digit member number. You need it for every deposit.

How to join Stima Sacco and pay in by M-Pesa

Stima Sacco’s M-Pesa Paybill is 823244. The account number tells the Sacco which account to credit, using your seven-digit member number in place of the x’s:

Members abroad can send money through the Pesadirect app, choosing “Bank or Sacco Deposit” and selecting Stima Sacco, or by bank transfer to the Co-operative Bank account listed on the memberships page. Check the account details on the official page each time before you send money.

Is it worth it once you know how to join Stima Sacco?

For 2025, Stima Sacco paid a 16% dividend on share capital and 11% interest on deposits, as covered in our Stima Sacco dividend calculator. On KSh25,000 of share capital, a 16% dividend is KSh4,000 before the 5% withholding tax, or KSh3,800 after it. Past returns do not guarantee future payouts.

The bigger reason most members join is credit. Because loans are linked to your Alpha deposits, the earlier you start saving, the sooner you can borrow. See our guide to Stima Sacco loans for products and rates, and compare it with other Saccos in our Stima vs Tower Sacco comparison before you decide how to join Stima Sacco or a rival.

Two more points from the Sacco’s FAQs. Rejoining is free, but returning members must deposit KSh1,000 to their share capital account. If a member dies, relatives claim by providing a death certificate or burial permit and filling in the deceased claim form.

Frequently asked questions

How much do I need to join Stima Sacco?

Registration is KSh500 and share capital is KSh25,000 in every category. Minimum monthly savings are KSh1,000 for employees and diaspora members and KSh500 for business persons.

Can I join Stima Sacco if I do not work at Kenya Power?

Yes. Stima Sacco says membership is open to everyone, including resident and non-resident Kenyans, individuals, groups and businesses.

What is the Stima Sacco Paybill number?

The Paybill is 823244. Use 802 plus your member number plus 00 for monthly deposits, 800 for share capital and 801 for the Prime account.

Can a chama join Stima Sacco?

Yes. Groups of at least four members can join with a registration certificate, minutes resolving to join, a constitution, a member list and signatories’ IDs, KRA PINs and photos.