Deposit-Taking Licensed by SASRA (deposit-taking) 2026

Magadi Sacco Society Ltd

Pam View Building, Magadi Road, Magadi Soda, Kajiado, Kajiado County

Branches

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How to join

Most SACCOs ask for a copy of your national ID, KRA PIN and a passport photo, plus a registration fee. Confirm with Magadi.

Apply online We send your application to the SACCO.

Published results

YearDividendInterest on depositsTotal assetsSource
FY2024 20% 12% — Saccos Report Impressive Dividends Payout (Co-op News)

As published by the SACCO or reported in the press. Past dividends don't guarantee future ones.

Need a guarantor in Magadi?

Be the first on the guarantor board: members guarantee each other, and phone numbers are shared only when both agree.

Open the guarantor board

Shares for sale

None listed right now. Post a buy request or sell yours.

Magadi: questions members ask

What is the Magadi Paybill number?

The Magadi M-Pesa Paybill number is 811100. Ask the SACCO what to enter as the account number (usually your member number).

How do I top up my Magadi shares or deposits?

Go to M-Pesa, Lipa na M-Pesa, Pay Bill, enter business number 811100, then the account. Ask the SACCO what to enter as the account number (usually your member number). Keep the M-Pesa message as your receipt.

How do I check my Magadi balance?

You can use the Magadi M-Cash app and log in with your member details to see your deposits, shares and loan balance. If you haven't registered for mobile banking, register at any Magadi branch.

Does Magadi have mobile banking?

Yes: the Magadi M-Cash app.

What is the Magadi contact number?

Phone: +254111001700, 0722272252, 0702111112, 0714961101 and Email: info@magadisacco.co.ke.

Where is Magadi's head office?

Magadi's head office is at Pam View Building, Magadi Road, Magadi Soda, Kajiado, Kajiado County.

How do I join Magadi?

Bring your national ID and KRA PIN; Magadi will tell you anything else it needs. You can apply online on SaccoLink and we'll send your application to Magadi.

What dividend does Magadi pay?

For FY2024, Magadi paid 20% on share capital and 12% interest on deposits (source: Saccos Report Impressive Dividends Payout (Co-op News)). Rates are set each year at the AGM, so future rates may differ.

How do I get a loan from Magadi?

Loans are for members. How long you must save first, how much you can borrow against your deposits, and how many guarantors you need are set by Magadi, so ask a branch for the loan form and current terms. If you need a guarantor from Magadi, its SaccoLink guarantor board lets members guarantee each other.

How do I leave Magadi or withdraw my savings?

Give Magadi written notice. Deposits are usually refunded after a notice period once your loans and any guarantees you have given are cleared. Share capital is normally not refunded, but you can sell it to another member, for example on SaccoLink.

Is Magadi licensed by SASRA?

Yes. Magadi is on SASRA's list of SACCOs licensed to take deposits (FOSA) for 2026, so it can offer withdrawable savings accounts as well as loans.

Follow Magadi

Details from the SACCO's official website. Last checked 24 Oct 2026. Something wrong or missing? Suggest an edit.

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