You need to save consistently for at least 6 months in BOSA

Back Office Services Activity. Funds in BOSA are NOT withdrawable unless you take a loan or Withdraw from the Sacco to access your funds.

Yes. If you deposit a lump sum larger than your current savings, you will need to wait for at least 3 Months in order to qualify for a loan

Yes, we do, all you need is seek advice from our credit officers by presenting Latest Certified Loan Statement/s from the Financial Institution

This varies on the type of loan a member is borrowing: The processing period for a long-term loan is within 1 month while that of short- ter m loan is within 24 hours

Short-term loan is a loan that you can service within a period of 24 Months. A long-Term loan repayment period is over 24 Months

You need to have a Guarantor if borrowing over and above your savings. Currently, the Sacco has also opened up to other forms of security e.g. Tittle Deeds, Logbooks

You need to Complete filling in a loan application form (Downloadable from our Website), attach copy of ID, latest certified pay slip (If on Check off arrangement). For those not on check off arrangement with the Sacco present latest certified Bank Statement/s for the last six months.


This applies to all type of loans; Short /Long term loans

This means that your employer remits deductions to the Sacco directly and has signed a memorandum of understanding with the Sacco to remit by every 5th of the month

At least 3 guarantors subject to amount.

The ratio is 1:3, meaning your total Sacco loans should not exceed 3 times of your savings

Yes, you can pay your loan in lumpsum repayment/s anytime. We do not penalize you for fast-tracking your loan repayment

Yes, you can borrow a loan as the maximum you can guarantee is up to 3 times your total savings

Your liability as a guarantor reduces as the loanee pays the loan

Yes; you can by filling in a next of kin update form

The notice period is 60 days to enable the Sacco align your account i.e. If you had guaranteed someone, they will need to find replacements in order to release you.

Any person can join Telepost Sacco from all the segments of the market including: Employees of Telepost Sacco Society, Telkom Kenya Employee, POSTA Kenya employee, Career Direction Limited, Human Capital Synergies and Multimedia University or other Private organizations, Private Individual members, Chamas Corporates

Fill in membership forms that can either be downloaded from our website or can be obtained from our offices or from the delegates at every county.

Attach a Copy of the National Identity Card and a passport size photograph. Entrance fee Kshs. 1,000 Minimum Monthly Contributions currently Kshs. 2,000 and Kshs. 300 being Telepost Benevolent Fund Monthly

Attractive dividends on shares and Interest on deposits Competitive Interest Rates on special deposit account and other Savings Accounts High savings will qualify for bigger Loans High savings need less guarantors to secure personal loans Access to Short and Long Term loans with competitive Interest Rates Access to variety of savings accounts tailor made to your needs such as: Holiday Account, Children Accounts, Opportunity to save for Retirement.

Through Check off system –deduction by the employer. Bank Standing Order or Cash Payment through the FOSA or Society’s Bank Account at Co-operative Bank of Kenya. Pay bill (822221)

The guarantor’s salary is attached to facilitate recovery of the defaulted loan.

Once the loan is repaid by the defaulter, a member is allowed to claim for the amount deducted from him/her for the same.

The Sacco has registered with Metropol Credit Reference Bureaus that list members who have defaulted and such members cannot qualify for loans from other financial institutions. In addition, we have debt collectors who collect defaulted loans on our behalf.


ATM Decline codes


911    Network Timeout. Try Again

912   Network Timeout. Try Again

106  Card Blocked because you have entered incorrect Pin More than two times.

116   Amount Request is more that your available balance; Adjust your request and try again

121   Amount requested is more that the allowed limit; Adjust your request and try again

129   Your ATM Card has Expired; Visit the Sacco to collect your new Card

200   Your Card was reported lost and has been blocked; Apply For another Sacco link Card

118    Your Card is not Linked to your account; Liaise with the Sacco For Linking

119    Amount requested is more that the allowed limit; Adjust your request and try again

114   Uncleared Card; Liaise with the Sacco For Sacco Link Card Clearance

By Visiting the Head office branch

Using the Sacco link Card

Using Mobile banking

Must be an active member

Visit our Head-office in Nairobi to fill the application form

Go to the website and download the form fill and send it through mail.

Attach a copy of ID to the application.

Must be a salary account holder

Application form accessed from the website

Copy of ID and current pay slip is required.

Be an active member for at least 6 months

Have raised the required amount of Share capital

Go to the website, download the M-banking form, fill and forward via email

Attach a copy of ID

Telepost Sacco Society LTD