GDC SACCO offers a variety of investment product accounts for both individuals and institutions. These accounts include:
Established in 2003, GDC Sacco has demonstrated a remarkable journey of growth and resilience. It starts with a modest membership base of 428 individuals and an initial share capital of Kshs. 992,046.00, Sacco has steadily expanded its reach and solidified its position as a trusted financial institution.
Features and Benefits
- Competitive interest rate: Up to 7% per annum.
- Interest earned quarterly: Interest is earned quarterly but paid out annually.
- Monthly basis: You can top up your account on a monthly basis.
- Standing order: Free monthly standing order from your savings account.
Requirements for one to Join
- Minimum deposit / top-up amount of KES 100.
- Amounts are withdrawable once a quarter.
- Interest paid is subject to applicable taxes.
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The Diaspora recruitment is now open to all members who have a proof of being in the Diaspora and are able to make regular.