Palscity Sacco Savings Products
Pals Share Capital Account
This is an investment where you get dividends after every financial year
Features
• Investment maximum limit is Kshs. 1,000,000
• No monthly contributions if member has invested the maximum amount
• Funds are not refundable but transferable
• Up to 15% annual returns
• Eligible to all members
Palscity Sacco Savings Products
Pals Group Savings Account
- Startups
- Corporates
- Family
- Alumni
- School
- Chama
- Friends
- Self help groups
- Merry –Go- Rounds
Palscity Sacco Savings Products
Pals - Holiday Savings Account
A Holiday Savings Account is the perfect account to help you with your vacation plans and allows you to prepare for the holidays without having to worry about money!
Features
- No minimum Account operating balance.
- Minimum Monthly contributions of ksh.2,000
- Allows for two free withdrawals per year
- Interest rate per annum at 6.5% (same as MIP Interest rate) for balances above ksh.5,000
Palscity Sacco Savings Products
Pals - Individual/Normal Savings Account
This is the monthy contribution made that has ability to increase your loan limit
Features
• Monthly contribution of Kshs. 5,00
• No maximum limit on savings
• Can be used to secure a loan
• Earn attractive annual returns of up to 12%
• Funds refundable after 60 days of notice to exit
Palscity Sacco Savings Products
Pals - Junior Savings Account
Junior Savers Accounts are saving accounts for parents to save for their children who have not yet turned 18. This way, you can be sure that your child will be well taken care of.
Features
- Minimum monthly contribution of Kshs. 500
• No maximum limit on savings
• Annual interest is 6.5% - Account tagged to a parent/guardian account
• Account converts to full membership after saver attains 18 years of age
• 4 withdrawals annually
• Children receive a birthday card during their birthdays
Palscity Sacco Savings Products
Pals - Fixed Deposit Savings Account
The Fixed deposit account is the perfect account for an investor who wants to earn a fixed interest rate on their savings, but doesn't want to tie up their money indefinitely.
Features
• Minimum amount to fix is Kshs. 5,000
• No monthly deposits
• No maximum limit
• Earns attractive annual returns of up to 6.5%
• Refundable with interest upon maturity
• Fixed deposit can be used to secure a loan