FOSA Products
The following are our range of Front Office services Activity (FOSA) accounts, loans and services. For more information contact our FOSA office by writing to
Salary Account
- Minimum operating balance is 500
- No monthly charges
- Has ATM card and Mobile banking services
- Account holder can borrow FOSA loan of upto 500,000 repayable within 36 months
Savings Account
- Minimum operating balance is 500
- No monthly charges
- Account holder can borrow advance for upto 6 months depending on the account transactions
- Account holder can make monthly contributions through check–off system
Children Account
- Minimum operating balance is 1000
- No monthly charges
- Has ATM card and Mobile banking services
Joint Account
- Applicable to registered and non-registered groups
- Minimum operating balance is ksh.5000
- No monthly charges
Requirements:
- Group minutes stating the reasons for opening the account signed by the signatories
- Group signatories
- Certificate of registration
- List of group members, ID numbers and signatures
Company Account
- Minimum operating balance is Ksh. 5000
- No monthly charges
Requirements:
- A letter on company letter head and signed by company director stating the reason for opening the account with Airports Sacco.
- List of company Directors
- Company signatories
- KRA Pin certificate
- Certificate of incorporation
Fixed Deposit Account
This is a withdrawal deposit account where depositors can place value through prudent management. Deposits are for a specific number of months usually between 3 months to 12 months.
Features:
- Minimum of Ksh 50,000
- Interest computed monthly and credited at maturity of the contract
- Accrued interest forfeited if a depositor withdraws the funds before maturity date
- The depositor is issued with a certificate of deposit upon depositing the money
Holiday Account
- No monthly charges
- Minimum operating balances Ksh. 1000
- Has ATM card and Mobile banking services
VIP Account
- No Queuing for services
- No monthly charges
- Minimum operating balances Ksh. 5000
- Has ATM card and Mobile banking services
- Free monthly statements
Karibu Loan
- Loan issued to new Sacco members only
- Maximum amount one can apply is 200,000.00 where ksh. 30,000 of the amount applied will be transferred to share capital and deposits upon posting of the loan
- Interest for loan is 1% per month on reducing balance
- Maximum repayment period 24 months
Salary Advances & Other Loan Products
- One month advance - interest 5%
- Three month advance - 5% per month on reducing balance
- Six month advance 6% per month on reducing balance
- One year loan. 1.208% per month on straight line method
- Okoa 2 years loan 1.208% per month on straight line method
- FOSA Mega loan 1.5% per month on reducing balance
- Mobile banking loan - applied through phone - interest 10% paid upfront
- Safaricom loan products - 3% per month on reducing balance
FOSA Services
- KRA payments
- Bankers cheques
- Safe custody
- NHIF Payment
- Co-operative
Connect with Us
Quick Links
Get in Touch
More Contacts
FOSA contacts
Office: JKIA Cargo Terminal
Phone: 020 790 3119
WhatsApp: 0743 294 744
Email: credit@airportssacco.co.ke
BOSA contacts
Mobile: 020 790 3119
Email: bosa@airportssacco.co.ke
Office: JKIA Cargo Terminal
Phone: 020 790 3119
WhatsApp: 0743 294 744
Email: credit@airportssacco.co.ke
BOSA contacts
Mobile: 020 790 3119
Email: bosa@airportssacco.co.ke