Simba Chai Sacco Society Ltd

Simba Chai hasn't published a Paybill number that we could confirm on its official channels. To ask, call 0708005555 and email info@simbachaisacco.co.ke.

You can dial *879# 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 Simba Chai branch.

Yes: USSD *879#.

Phone: 0708005555, 0722232507 and Email: info@simbachaisacco.co.ke.

Simba Chai's head office is at Kericho Nakuru Highway, Kericho, Kericho County.

You need: open to employees, farmers, business persons, corporate clients, schools, microcredit groups and chamas and fill a membership form indicating monthly deposit (not below KES 800). Expect a minimum monthly saving of KSh 800. You can apply online on SaccoLink and we'll send your application to Simba Chai.

For FY2023, Simba Chai paid 10.5% on share capital and 10.5% interest on deposits (source: Saccos Reward Members with Huge Returns Despite Economic Downturn (Co-op News)). Rates are set each year at the AGM, so future rates may differ.

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 Simba Chai, so ask a branch for the loan form and current terms. If you need a guarantor from Simba Chai, its SaccoLink guarantor board lets members guarantee each other.

Give Simba Chai 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.

Yes. Simba Chai 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.