NSSF Sacco, previously known as NASSEFU Savings Credit Society, was established on 20th August 1990 by 8 employees of NHIF. It has grown significantly, with over 8,000 members and an asset base of Kshs 2.59 billion.
Membership Requirements
To become a member, the following are required:
- Membership Application Form
- Fill out a membership form, including personal details, next of kin, and nominees.
- The form can be downloaded from the Sacco’s website.
- Attachments
- One passport size photo.
- A copy of your ID.
- Membership Registration Fee
- Kshs 1,000 (one-off and non-refundable).
- Share Capital
- Choose from three categories:
- Category A: Kshs 20,000.
- Category B: Kshs 10,000.
- Category C: Kshs 5,000.
- This fee is non-refundable but transferable to an existing Sacco member upon exit.
- Choose from three categories:
- Monthly Contributions
- Kshs 3,200 (includes Kshs 200 for loan guard insurance, which is not part of savings).
- Membership Withdrawal
- Takes 60 days upon receipt of a withdrawal letter.
- Withdrawal fee: Kshs 1,000.
NSSF Sacco Loan Products
1. BOSA Products
- Emergency Loan
- School Fees Loan
- Fanisi Loan
- Special Flex Loan
- Supersaver Loan
- Refinancing Loan
- Karo Loan
- Development Loan
- Nawiri Loan
2. FOSA Products
- Jumbo Loan
- Salary Advance Loan
- Premium Loan
- Make Over Loan
- Tausi Loan
- FOSA Twiga Loan
- Mobile Advance Loan
- Mustard Asset Loan
- Bima Loan
NSSF Sacco Contacts
- Location: Social Security House, Block C, Ground Floor, Bishop Road, Nairobi.
- Contacts:
- 0111 018 100
- 020 283 2939
