{"id":1059,"date":"2021-11-26T08:49:49","date_gmt":"2021-11-26T08:49:49","guid":{"rendered":"https:\/\/amrefsacco.org\/?post_type=savings-products&p=1059"},"modified":"2024-02-16T07:13:26","modified_gmt":"2024-02-16T07:13:26","slug":"member-deposit-account","status":"publish","type":"savings-products","link":"https:\/\/amrefsacco.org\/savings-products\/member-deposit-account\/","title":{"rendered":"Member Deposit Account"},"content":{"rendered":"\n

\u2022 Minimum monthly deposit: KSh 2,000.
\u2022 Entitles members to loans up to three and half times their deposits.
\u2022 Earns interest annually.
\u2022 Deposits are reimbursed upon exit.
FREE deposit cover for all active members. Upon the member\u2019s demise, beneficiaries will receive an additional deposit amount equivalent to what the member had saved. The maximum top-up is Ksh 5 million.<\/p>\n\n\n\n

In Addition, the Next of Kin will also receive Ksh 200,000 to cater for funeral costs upon the member’s demise. <\/p>\n\n\n