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BAT REGULATED NWDT SACCO

customercare@batsacco.co.ke

Likoni Road, Industrial Area.

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Our Credit (BOSA) Products

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  • Our Credit (BOSA) Products
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Development Loan

This is a loan facility advanced to our members who are planning to start or expand their business ventures or for personal development.

Requirements:

  • ✓ Maximum repayment period of 60 months
  • ✓ Interest rate at 12% per annum on reducing balance.
  • ✓ Maximum eligibility 3 times deposits.
  • ✓ Attract insurance fee of 1% of amount applied.
  • ✓ Maximum Loan limit is Kshs 1.5M

  • 12% p.a
    Interest rate

  • 60 Months
    Max repayment
    period

  • Kshs 1.5M
    Maximum amount

  • 3*Deposits
    Multiplier rate

Download Loan Application Form
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Super Development Loan

This product is intended to empower BAT members undertake development projects to fulfill their long-term investment goals e.g. Residential & Commercial buildings, Business ventures and other investments.

Requirements:

  • ✓ Maximum repayment period of 72 months
  • ✓ Interest rate at 12.5% per month on reducing balance.
  • ✓ Maximum eligibility 3 times deposits.
  • ✓ Attract insurance fee of 1% of amount applied.
  • ✓ Minimum Loan limit is Kshs 1,500,000.

  • 12.5 % p.a
    Interest rate

  • 72 Months
    Max repayment
    period

  • Kshs 1.5M
    Minimum amount

  • 3*Deposits
    Multiplier rate

Download Loan Application Form
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Super Flexi Loan

This product is intended to empower BAT members undertake development projects to fulfill their long-term investment goals e.g. Residential & Commercial buildings, Business ventures and other investments.

Requirements:

  • ✓ Maximum repayment period of 84 months
  • ✓ Interest rate at 13.5% per annum on reducing balance.
  • ✓ Maximum eligibility 4 times deposits
  • ✓ Minimum Loan limit is Kshs 1.5 million.
  • ✓ One must have been a member of the Sacco for more than 1 year.
  • ✓ One must have applied for another loan and serviced consistently for more than 1 year.

    • 13.5% p.a
      Interest rate

    • 84 Months
      Max repayment
      period

    • 4*Deposits
      Multiplier rate

    Download Loan Application Form
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    Platinum Loan

    This product is intended to empower BAT members undertake development projects to fulfill their long-term investment goals e.g. Residential & Commercial buildings, Business ventures and other investments.

    Requirements:

  • ✓ Maximum repayment period of 60 months
  • ✓ Interest rate at 17.5% per month on reducing balance.
  • ✓ Maximum eligibility 3 times deposits.
  • ✓ Maximum Loan limit is Kshs 2M

    • 17.5% p.a
      Interest rate

    • 60 Months
      Max repayment
      period

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Premier Loan

    This product is intended to empower BAT members boost their investment ventures e.g agri business

    Requirements:

  • ✓ Maximum repayment period of 60 months
  • ✓ Interest rate at 16.5% per month on reducing balance.
  • ✓ Maximum eligibility 3 times deposits.
  • ✓ Maximum Loan limit is Kshs 2.5 million.

    • 16.5% p.a
      Interest rate

    • 60 Months
      Max repayment
      period

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Mega Loan

    This product is intended to empower BAT members undertake development projects to fulfill their long-term investment goals e.g. Residential & Commercial buildings, Business ventures and other investments.

    Requirements:

  • ✓ Maximum repayment period of 60 months
  • ✓ Interest rate at 15.5% per month on reducing balance.
  • ✓ Maximum eligibility 3 times deposits.
  • ✓ Maximum loan limit is 3M

    • 15.5% p.a
      Interest rate

    • 60 Months
      Max repayment
      period

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Jiendeleze Loan

    This product is intended to empower BAT members undertake self empowerment ventures and other investments.

    Requirements:

    • ✓ Maximum repayment period of 60 months
    • ✓ Interest rate at 14.5% per month on reducing balance.
    • ✓ Maximum eligibility 3 times deposits.
    • ✓ Maximum loan limit is 5M

    • 14.5% p.a
      Interest rate

    • 60 Months
      Max repayment
      period

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Jitegemee Loan

    This product is intended to empower BAT members undertake self reliance ventures and other business investments.

    Requirements:

    • ✓ Maximum repayment period of 60 months
    • ✓ Interest rate at 14.5% per month on reducing balance.
    • ✓ Maximum eligibility 3 times deposits.
    • ✓ Attract insurance fee of 1% of amount applied.

    • 14.5% p.a
      Interest rate

    • 60 Months
      Max repayment
      period

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Jiinue Loan

    This product is intended to empower BAT members undertake business investments, pay school/college/university fees etc. investments.

    Requirements:

    • ✓ Maximum repayment period of 60 months
    • ✓ Interest rate at 14.5% per month on reducing balance.
    • ✓ Maximum eligibility 3 times deposits.
    • ✓ Attract insurance fee of 1% of amount applied.

    • 14.5% p.a
      Interest rate

    • 60 Months
      Max repayment
      period

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Emergency Loan

    This product is meant to facilitate our customer’s unforeseen financial emergencies.

    Requirements:

  • ✓ Maximum repayment period of 12 months
  • ✓ Interest rate at 14.5% per month on reducing balance.
  • ✓ Maximum eligibility 3 times deposits.

    • 14.5% p.a
      Interest rate

    • 12 Months
      Max repayment
      period

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Motor Based Loan

    This product is meant for members who are willing to use their car logbook has a collateral.

    Requirements:

  • ✓ Maximum repayment period of 36 months
  • ✓ Interest rate at 13% per annum on reducing balance.
  • ✓ Maximum loan amount is 50% of the forced sale value after valuation..
  • ✓ Valuation and charging fees to be paid by the borrower.
  • ✓ Attract insurance fee of 1% of amount applied.

    • 13% p.a
      Interest rate

    • 36 Months
      Max repayment
      period

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Deposit Booster Loan

    This is a loan granted to boost the deposit of a member.

    Requirements:

  • ✓ Maximum repayment period of 60 months
  • ✓ Interest rate at 18% per annum on reducing balance.
  • ✓ Amount is credited to member deposit savings a/c
  • ✓ Maximum eligibility 3 times deposits
  • ✓ Attract insurance fee of 1% of amount applied.
  • ✓ Maximum loan limit Kshs 500,000.

    • 18% p.a
      Interest rate

    • 60 Months
      Max repayment
      period

    • Kshs 500k
      Maximum amount

    • 3*Deposits
      Multiplier rate

    Download Loan Application Form
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    Salary Advance Loan

    This product is meant to facilitate BAT member’s immediate short-term financial needs.

    Requirements:

  • ✓ Maximum repayment period of 6 months
  • ✓ Interest rate at 10% p.m on reducing balance
  • ✓ Maximum loan limit Kshs 100,000
  • ✓ No guarantor required
  • ✓ Repayment must be via Payroll checkoff.
  • ✓ Members with Mobi Loan are not eligible.

    • No guarantor
      required

    • 3 Months
      Repayment Period

    Download Loan Application Form
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    Mobi Loan

    Running out of cash? Get a short term loan to see you through your next pay day.

    Requirements:

  • ✓ Dial *346#
  • ✓ No guarantor required
  • ✓ Maximum amount: 15% of member deposits or 100k whichever is lower
  • ✓ Minimum amount: 500
  • ✓ Penalty on late payment at the rate of 10% per month, prorated to number of days in default.

    • Options:

  • ✓ Mobi loan 1: 5% interest, repayment duration of 1 month.
  • ✓ Mobi loan 2: 6.5% interest, repayment duration of 2 months.
  • ✓ Mobi loan 3: 7.5% interest, repayment duration of 3 months.

    • 1- 3 Months
      Max repayment
      period

    • 5 - 7.5%
      Interest
      rate

    • Maximum Amount: 15% of member deposits or
      100k whichever is lower

    • Minimum amount: Kshs 500

    Download Loan Application Form
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    Mobi Loan - Super Savers

    This product is tailored for our super saver members without other loans.

    Requirements:
    • ✓ Qualification: 50% of member free deposits capped at KES 500,000
    • ✓ Minimum member deposits: KES 1,000,000
    • ✓ Monthly interest rate: 5% per month
    • ✓ Repayment period: 1 month
    • ✓ Must be a member for at least 6 months
    • ✓ Member must have no outstanding loans
    • ✓ Subsequent loans appraised on the remaining 50% deposits

    • 1 Month
      Max repayment
      period

    • 5%
      Interest
      rate

    • Maximum Amount: 50% of member free deposits capped at KES. 500,000

    • Minimum amount: Kshs 500

    Download Loan Application Form
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    Advance Against Rebates (AAR)

    This is a product given to all members who qualify for dividend/interest on deposits for that particular year.

    Requirements:

  • ✓ One off interest graduated from September to February.
  • ✓ To be deducted/recovered from the rebates earned at the point of payment after AGM
  • ✓ No guarantor required
  • ✓ Maximum amount: 70% previous year payout

    • 5% Jan - Feb
      Sept 8%
      7.5% Oct
      6.5% Nov - Dec

    • No guarantor
      required

    Download Loan Application Form
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    Karibu Loan

    This product is tailored for checkoff new members who have joined the Sacco and do not have enough deposit to take new loans.

    Requirements:

  • ✓ Must be a member for at least 3 months.
  • ✓ Maximum repayment period of 36 months for loans.
  • ✓ Interest rate at 12% per annum on reducing balance.
  • ✓ Maximum eligibility 3 times deposits up to 1M.
  • ✓ Loan payable via check offs only

    • 12%
      Interest Rate

    • 36 Months
      Repayment Period

    Download Loan Application Form
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    Asset Financing Loans

    Our Asset Financing offers you great flexibility as you acquire household assets. This is a self-securing loan product for the financing of moveable assets. It enables members to free up cash by acquiring assets with minimal hassle.


    We've also partnered with various business entities to offer you their products through this facility:

    • Tanks – 15% p.a payable in 24 months
    • Phones and Laptops (electronics) – 15% p.a payable in 24 months
    • Hotpoint appliances – 15% p.a payable in 36 months
    • BMG Products – 15% p.a payable in 36 months
    • Davis & Shirtliff products – 15% p.a payable in 36 months
    • MRM products (Roofing sheets) – 15% p.a payable in 36 months
    • Holiday loan (Bonfire Adventures & Tiwi) – 15% p.a payable in 12 months
    • Elegant Furniture – 15% p.a payable in 36 months

    Requirements:
    • ✓ Maximum repayment period of 36 months
    • ✓ Interest rate at 15% per annum on reducing balance
    • ✓ Loans above KES 100,000 must be fully guaranteed

    • 15% p.a
      Interest Rate

    • No guarantor
      required

    Download Loan Application Form

    Our Loan Process

    Swift & Prompt process

    01

    Send Loan Form & Relevant Documents

  • Download, Fill and share your duly filled loan form.
  • Attach copies of IDs of both the applicant, witness, and guarantors.
  • Attach your latest Payslip for payroll loans or 3 months certified bank statements for Non payroll Loans.
  • Standing order document including both loan monthly repayment and deposits.

    • 02

    Loan Processing

    Once the loan application documents have been received, the member is notified via SMS and proceeds for processing.

    03

    Loan Deposit

    Once approved and processed the amount due is credited to the members advised bank account.

    Send Your Request &
    Get Call Back

    Fill all the necessary details and get a call from our loan experts.