Member Deposits (Amana)
Flexible Savings at Your Own Pace
The Amana account is a voluntary savings product that allows members to deposit extra funds beyond the required monthly savings. It offers flexibility and liquidity while contributing to your financial growth.
KIA SACCOS
Monthly Savings
Minimum Deposit
No minimum (flexible)
Purpose
Voluntary savings for short‑term goals or emergencies
Eligibility
All registered members
Access
Deposit anytime via cash, mobile, or bank transfer
KIA SACCOS
Why Choose Amana?
Flexible Contributions
Save any amount at any time, with no fixed monthly requirement.
Liquid Funds
Withdraw when needed, subject to the Society’s withdrawal policy.
Supports Loan Qualification
Additional deposits strengthen your savings profile, potentially increasing loan eligibility.
Earns Consideration in Surplus
While not guaranteed, some cooperatives allocate dividends or interest on Amana balances
KIA SACCOS
How It Works
Open an Amana account
automatically when you become a member (or request activation).
Deposit freely
Make extra deposits through payroll deduction, bank transfer, or cash.
Track your balance
Monitor your Amana savings via the ICT member portal or statements.
Access funds
Withdraw according to the Society’s guidelines.
Member Empowerment
Amana deposits reflect our commitment to member empowerment, giving you control over your savings while contributing to the Society’s liquidity for sustainable lending.
