The MEHO Savings Product is an innovative savings account designed to help members save for medical expenses, education, and holidays. With an attractive interest rate of 15% per annum, members can watch their savings grow quickly. This product provides a unique opportunity for members to plan for their future healthcare, education, and travel needs, while earning a competitive return on their savings.
Features
- Attracts a guaranteed minimum interest of 15% per annum.
- Transferable to monthly deposits contribution without any charges.
- Allow the members to access Home comfort loan product with multiplier of three (3) times the savings.
- Minimum contribution of ksh.34.00 per day through MSACCO or Ksh.1,000.00 per month via checkoff facility
- Allow non-members to contribute through Chamaas.
- Minimum savings of Ksh.12,000.00 per year to qualify for interest payment.