NSSF Sacco has evolved from a modest staff-based cooperative into a licensed deposit-taking financial institution. Since its registration on August 20, 1990, NSSF Sacco has expanded membership from about 280 members to more than 4,400 today. That growth reflects the steady maturation of Kenya’s regulated SACCO sector.
The launch of Front Office Service Activities in December 2000 marked a turning point. Through FOSA, NSSF Sacco began offering quasi-banking services at competitive rates. Later, in 2010, SASRA formally licensed its FOSA operations, placing NSSF Sacco among Kenya’s regulated deposit-taking SACCOs.
NSSF Sacco Regulatory Status and Vision
NSSF Sacco operates under the oversight of the Sacco Societies Regulatory Authority. As a deposit-taking SACCO, it adheres to capital adequacy, liquidity and governance requirements.
The institution’s stated vision is to become a model SACCO in Kenya by delivering sustainable financial solutions. Its mission focuses on mobilizing resources and providing timely financial services through sound management systems.
In Kenya’s cooperative ecosystem, such regulatory compliance strengthens member confidence and financial stability.
NSSF Sacco Portal and Digital Access
NSSF Sacco provides members with an online portal for account access and service management. The portal allows users to check balances, monitor transactions and access SACCO services remotely.
Additionally, members can use mobile banking by dialing *477#. This USSD platform enables convenient access to SACCO services without visiting a branch.
Digital integration remains critical as Kenya continues to lead Africa in mobile financial transactions.
NSSF Sacco Paybill Number
NSSF Sacco Paybill Number is 819890.
To deposit into a FOSA account using M-PESA:
- Go to Lipa na M-Pesa
- Select Paybill
- Enter 819890
- Use your membership number as the account number
- Enter the amount and confirm
Members receive a confirmation message upon successful transaction.
Mobile deposits enhance liquidity management and improve transaction efficiency.
NSSF Sacco Loans Overview
NSSF Sacco provides both BOSA and FOSA loan products tailored to different member needs.
NSSF Sacco BOSA Loans
BOSA loan products include:
• Supersaver’s Loan
• School Fees Loan
• Karo Loan
• Emergency Loan
• Development Loan
• Special Flex Loan
These products primarily rely on member savings and guarantor support.
NSSF Sacco FOSA Loans
FOSA-based credit options include:
Diamond Advance
Maximum Ksh 40,000
Repayable in one month
1% appraisal fee
6% interest
Jumbo Loan
Up to Ksh 600,000
Repayable in 36 months
Interest 1.209% per month or 14.5% per annum
1% appraisal and 1% insurance fees
Refinance option at 5%
Premium Loan
Up to Ksh 300,000
Repayable in 24 months
Interest 1.209% per month
1% appraisal and insurance
Tausi Loan
Up to four times tausi savings
Maximum Ksh 1,000,000
Repayable in 36 months
Interest 1.125% per month
MakeOver Loan
Maximum Ksh 300,000
Repayable in 12 months
Interest 1.209% per month
Requires three guarantors
Twiga Loan
Maximum Ksh 1,000,000
Repayment up to 40 months
Interest 1.209% per month
Requires six guarantors
Mandatory Twiga savings account
Because FOSA loans depend on salary processing through the SACCO, repayment risk reduces through check-off systems.
NSSF Sacco Contacts
NSSF Sacco Society Ltd
Social Security House
Bishop Road
P.O Box 43338-00100
Nairobi, Kenya
Tel: +254 020 2832925
Fax: 2736656
Email: [email protected]
NSSF Sacco in Kenya’s Cooperative Sector
Kenya’s deposit-taking SACCOs now compete with banks, microfinance institutions and digital lenders. However, structured SACCO lending often provides more predictable repayment frameworks.
Moreover, SASRA oversight has improved governance and financial transparency. Therefore, institutions like NSSF Sacco operate in a more regulated and stable environment compared to earlier decades.
Why This Matters
Affordable credit and secure savings remain essential for Kenya’s workforce. NSSF Sacco provides regulated financial services that support housing, education and business financing.
As digital platforms reshape financial behavior, SACCOs that integrate mobile access while maintaining prudent lending standards remain relevant.
What Happens Next
NSSF Sacco will likely deepen digital adoption and refine loan products in response to market competition. Regulatory compliance and capital adequacy will remain central to sustainability.
For members, understanding loan terms, guarantor requirements and interest structures remains critical before borrowing.
