Become a Member
Joining the Bilal Sacco Society Limited opens doors to a world of financial opportunities and community support. Our membership process is straightforward, ensuring that you can quickly become part of our vibrant community.
Mandatory Requirements for Admission
Joining Bilal Sacco is open to the general public, affiliate company staff, and individuals ready to commit to healthy financial practices. To register, ensure you fullfill the following checklist:
Application Form
Fill out and sign the official Bilal Sacco membership application form in full.
Registration Fee
Pay a one-time, non-refundable registration fee of Kshs. 500 only.
Share Capital Allocation
Purchase 250 mandatory shares at Kshs. 20 per share (equivalent to Kshs. 5,000), fully payable within 6 months of joining.
Regular Deposits
Commit to a minimum mandatory monthly savings deposit of Kshs. 1,000
Toto Savings Account Requirement
We encourage members to instill financial discipline in the next generation from an early age. You have the option to open a junior savings account for minors under your care.
Eligibility
Exclusively available for members’ children under the age of 18 years.
Registration Fee
Requires a one-time junior registration fee of Kshs. 200.
Monthly Savings
Features an accessible minimum monthly contribution of just Kshs. 200.
Additional Statutory & Welfare Pools
To safeguard our members during hardships and maintain robust institutional governance, all members participate in these two shared funds, which are reviewed from time to time:
Sacco Welfare
Contribution: Kshs. 200 per month.
Purpose: Supports community welfare initiatives and provides a financial safety net for members during periods of difficulty.
AGM Contributions
Contribution: Kshs. 200 per month.
Purpose: Funds the organizing of our transparent, democratic Annual General Meetings where your voice directly shapes our bylaws.
Why Choose Bilal Sacco? The Advantages of Your Co-Ownership
Flexible & Affordable Credit
Gain exclusive access to a robust array of low-interest loan products including Development, Emergency, and Education loans, capped within flexible savings
Democratic Ownership
Uphold the cooperative principle of “one member, one vote.” You are a co-owner with direct rights to influence decisions, strategic paths, and corporate policy at the AGM.
Dividends & Annual Rebates
Your capital works actively for you. Members benefit directly from competitive annual dividends and rebates distributed based on the Sacco’s yearly financial performance.
Financial Literacy & Education
Build essential wealth-management skills. Members receive continuous training and empowerment through our dedicated SACCO educational and financial literacy programs.
Verified Direct Payment Methods
To maintain absolute transparency and secure our members’ hard-earned funds, Bilal Sacco Limited operates under a strict, mandatory cashless policy. The Sacco office does not accept physical cash under any circumstances. All registration fees, monthly savings, and welfare contributions must be made through our official channels.
M-PESA Paybill Guide
Paybill Number: 400222
Account Number format: 602164# followed immediately by your official 2 names (e.g., 602164#JaneDoe).
Direct Bank Deposits
Payments can be wired directly into our official society bank accounts. Please contact the Sacco Secretariat to request official bank account numbers and routing slips
Start Your Registration Inquiry