Ukulima Sacco is a National Sacco in Kenya with its Headquaters in Nairobi and FOSA Branch Network in Kisumu, Mombasa, Eldoret Embu ,Nakuru and Kisii . How to withdraw from Ukulima SACCO membership From a humble beginning in 1972 Ukulima Sacco was registered as a Co-operative Savings and Credit Society and started operation under Certificate of registration number CS2026. The Saco membership is open to salaried employees, Business community, Chamas, corporate Bodies and Kenyans living in the Diaspora. Over the years, the Sacco has undertaken continuous transformation process geared to enhance its growth, efficiency and customer experience. The Society is ISO 9001: 2015 Certified , a clear indication of its commitment to provide quality service to its valued members.
1) Must I withdraw from the SACCO membership when I am retiring from employment service?
No, you can continue with your membership by remitting deposit contributions and benevolent of Kshs 500/- and 300/- respectively. Pensioners are allowed to reduce minimum deposit contributions from Kshs 2,500/- to Kshs 500/-.
2) Will I continue accessing loans if I am retired?
Yes, provided you channel your pension through Ukulima Fosa. To smoothly channel your pension through Fosa, get a recommendation letter before you retire from the Fosa Manager to submit to your employer or to Government Pensions department alongside your other particulars.
3) What do I need to do when withdrawing from the SACCO?
Complete the prescribed membership withdrawal notice (form) which is readily available at our offices. A member needs to inform all loanees he/she has guaranteed so that they seek alternative guarantor(s) for their outstanding loans. The process takes 60 days from the date of receipt of the withdrawal notice at the SACCO and only when the necessary requirements have been met i.e. member must have cleared all his/her liabilities with the SACCO and has replaced all the members he/she has guaranteed. withdraw from Ukulima SACCO membership
HEAD OFFICE CONTACTS
Ukulima Co-operative House, Haile Selassie AvenueOff Parliament Road, Red Cross Lane
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