+254 720 938 233 info@patnassacco.co.ke P.O. Box 601-20210 Litein
Frequently Asked Questions (FAQs) Loan Calculator

Our Products & Services

Patnas SACCO offers a full range of savings and credit products to support members at every stage — from everyday saving to funding school fees and short-term needs.

Savings Products

How to Join
Personal Savings Account

Default savings account for new members joining the Sacco.

Requirements / Benefits
  • No opening balance
  • No minimum operating balance
  • Cheque deposits
  • No ledger fees
  • Access loans
  • Dividends from shares
  • Mobile banking
  • SMS alerts
Sacco B Account

Designed to cushion small savers with lower withdrawal charges.

Requirements / Benefits
  • No opening balance
  • No minimum operating balance
  • Cheque deposits
  • No ledger fees
  • Access loans
  • Dividends from shares
  • Mobile banking
  • SMS alerts
Fixed Deposit Receipts

Designed to encourage savings while earning interest.

Requirements / Benefits
  • Must be a member of the Sacco (minimum share capital balance of KES 5,000)
  • Fixed deposits earn interest at the rate of 13% per annum
  • Can be revoked at any time
  • Revoked deposits do not earn any interest
  • Fixing can be done at any time during office working hours

Credit Products

How to Get a Loan
School Fees Loans
Requirements
  • Must have been a member for at least 9 months
  • 3 consecutive incomes
  • 3 active guarantors
  • Repayable within 12 months
One Month Advance
Requirements
  • Must have been a member for at least 3 months
  • 3 consecutive incomes
  • 3 active guarantors
  • Repayable within 1 month
Two Months Advance
Requirements
  • Must have been a member for at least 3 months
  • 3 consecutive incomes
  • 3 active guarantors
  • Repayable within 2 months
Three Months Advance
Requirements
  • Must have been a member for at least 3 months
  • 3 consecutive incomes
  • 3 active guarantors
  • Repayable within 3 months

Investment & Welfare

Learn More
Non-Withdrawable Deposits
Prerequisites
  • Deducted from a member's income monthly at the rate of 5% per income, up to a maximum of KES 400 per month
  • Earn interest annually, as approved by the delegates during the ADM
  • Cannot be withdrawn unless the member is exiting the Sacco
Members' Welfare
Prerequisites
  • Deducted from a member's income monthly at the rate of 2% per income, up to a maximum of KES 70 per month
  • Covers funeral expenses for members
  • Covers funeral expenses for parents above 70 years
  • Covers funeral expenses for children below 18 years