Tower Sacco membership is open to everyone within or beyond Kenya. We admit individuals in cooperates, businesses, groups and In the Diaspora. Opening an account is easy and seamless. To ensure convenient access to your account, always register for mobile banking during account opening.
| Category | Registration Fee | Share Capital in Ksh | Min. Monthly Savings Kshs |
| Registration Fee | Min. share Capital | Min contribution | |
Cooperate (employees under check – off) | 1000 | 10,000 | 2550 (inclusive of risk fund) |
Premium (individual employees, Business People, etc) | 500 | 2000 | 500 |
Corporate (Partnerships | 500 | 50,000 | 10,000 |
Group | 500 | 2000 | 500 |
Micro Group | 350 | 500 | 200 per group member |
Diaspora | 500 | 25,000 | 1,000 |
N/B: Upon successful completion of membership registration, three mandatory accounts are created;
In addition, every member is a shareholder. The shares owned by a member is not limited to the minimum stated.
The share deposits and capital earn you a return-Rebates and Dividends respectively. Tower Sacco has successfully paid returns as shown below
| Year | Dividend in %ge | Rebates in %ge |
2013 | 12% | 12% |
2014 | 15% | 12% |
2015 | 20% | 12% |
2016 | 20% | 12.05% |
2017 | 20% | 12.05% |
2018 | 20% | 12.1% |
2019 | 20% | 13% |
2020 | 20% | 13% |
2021 | 20% | 13% |
