Hajj Investment Account
Prepare for the sacred journey of Hajj with our dedicated Hajj Investment Savings Account.
This account facilitates savings for the annual Muslim pilgrimage and offers unique features to support your financial planning.
Key Features:
Limited Withdrawals
Member withdrawal is limited to twice per year (semi-annual), ensuring that your savings stay intact and focused on your Hajj goal.
Minimum Account Balance
Begin your savings journey with a minimum account balance of KES 1,000.
Profit Bearing
Your Hajj Investment Savings A/c is designed to be profit-bearing, allowing you to earn returns on your savings.
PLS Mechanism
Participate in the Profit and Loss Sharing mechanism, ensuring that you share in the success of the Sacco.
Premature Withdrawal Fee:
A nominal fee of KES 1,000 is applicable for pre-mature withdrawals, emphasizing the importance of commitment and discouraging members from withdrawing prematurely.