How To Deposit To Stima Sacco Account [2022]

How To Deposit Money To Stima Sacco Prime Account

This is the current/transactional account that allows salary processing, cheques, loans etc. It has no minimum account balance, zero ledger fees or monthly charges.

Depending on the activity of the account in regards to transactions, one maybe eligible for M-pawa loans of up-to Kes120,000

To deposit money to prime account, follow the below procedure;

  • Go to your phone’s mpesa menu
  • Select lipa na mpesa
  • Select paybill
  • Enter paybill number or business number as 823244
  • Enter account number as 801*******00 where ******* is your member number
  • Enter amount to be deposit
  • Enter PIN

How To Deposit Money To Alpha Deposit Account

This account holds the monthly contributions made by a member to the sacco. It can be used as security (self-guarantee) as well as a guarantor source to other stima sacco members.

Alpha account deposits are refundable upon exit from stima sacco as long as the holder has no outstanding or guaranteed loans.

It requires monthly contributions of different amounts depending on the category of the holders i.e individuals (Ksh1,000), groups (Ksh5,000) and corporates (Ksh10,000)

To deposit money to alpha deposit account, follow the below process;

  • Go to your phone’s mpesa menu
  • Select lipa na mpesa
  • Select paybill
  • Enter paybill number or business number as 823244
  • Enter account number as 802*******00 where ******* is your member number
  • Enter amount to be deposit
  • Enter PIN

How To Deposit Money To Share Capital Account

Share capital deposits represent a member’s equity portion in stima sacco. This amount is non-refundable and cannot be withdrawn upon exit from the sacco.

However, they can be transferred to another sacco member. The share capital account requires a minimum shareholding amount of Ksh10,000 for individuals/groups and Ksh50,000 for corporates.

The amounts can either be paid one-off or in installments of up-to 12 month.

To deposit money to alpha deposit account, follow the below process;

  • Go to your phone’s mpesa menu
  • Select lipa na mpesa
  • Select paybill
  • Enter paybill number or business number as 823244
  • Enter account number as  800*******00 where ******* is your member number
  • Enter amount to be deposit
  • Enter PIN


Categories: Stima Sacco

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