AIBK Sacco (Association of Insurance Brokers of Kenya Sacco) was officially launched on 15th November 2003 at the College of Insurance in Nairobi. Formed by members of the Association of Insurance Brokers of Kenya, the Sacco serves professionals in the insurance sector and beyond by providing savings and loan services.
Members can make deposits conveniently using AIBK Sacco Paybill Number 955901 on Safaricom’s M-PESA platform.
How to Use AIBK Sacco Paybill Number 955901
To deposit funds into your AIBK Sacco account via M-PESA:
- Go to M-PESA menu on your Safaricom line.
- Select Lipa na M-PESA.
- Choose Pay Bill.
- Enter Business Number: 955901.
- Enter your AIBK membership number as the account number.
- Input the amount you want to send.
- Enter your M-PESA PIN.
- Confirm the details and press OK.
- You will receive a confirmation SMS from Safaricom.
AIBK Sacco Loan Products
Members of AIBK Sacco can borrow up to 3 times the value of their savings. Loans are processed monthly, except for emergency and education loans, which can be processed at any time. These loans are tailored to meet different financial needs of members.
Available Loan Types:
- Emergency Loans – Processed immediately upon request.
- Education Loans – Fast processing for school or college fees.
- Development Loans – For long-term investments and projects.
- Personal Loans – For everyday financial needs.
Loan terms and conditions are governed by the Sacco’s lending policy, and eligibility depends on your savings and repayment history.
AIBK Sacco Contacts
- Postal Address: P.O. Box 31234, Nairobi, Kenya
- Phone: 020-2502471 / 0721 726846
- Email: [email protected]
- Website: www.aibksacco.co.ke (if applicable)
Start saving and borrowing smartly with AIBK Sacco today using Paybill Number 955901.
