In this guide, we will show you how to withdraw from Safaricom SACCO.
Safaricom Sacco membership is open to all Safaricom LTD workers or employees.
Other members such as children above 18 years, spouses of members, individuals introduced by Sacco members, and employees of other corporates who are admitted as per the requirement of the membership policy.
How To Withdraw From Safaricom SACCO By Filling Withdrawal Form
If you wish to withdraw from the Safaricom Sacco, you can use the following exit procedure.
First, fill in an exit withdrawal form.
If you are a member and want to withdraw from the society and you are guaranteed, your guarantor should find an alternative guarantor replacement.
You will be refunded your deposit within 60 days of withdrawal from the Sacco by Safaricom.
You can opt to retain your shares or sell or transfer to an existing customer.
Withdraw Safaricom SACCO Through Letter
Before you withdraw from the Sacco, you need to apply for withdrawal from the Sacco in a formal signed letter giving the Sacco sixty days notice in line with Sacco by-laws.
Accompany your letter with your Identity Card (ID) copy.
You will be expected to write a withdrawal letter using the format shown
Follows these steps to withdrawal from Safaricom Sacco:
1. Notify the Safaricom Sacco right away.
2. Be honest and transparent with the reason for your withdrawal.
3. Thank you, the Sacco, for the opportunity of membership.
4. Provide your contact information
5. Finally, keep your options open.
Note that this process of withdrawing from Safaricom Sacco takes 60 days after you have submitted the letter, and it has been acknowledged that you met all the requirements.
That is, as a member, you must have cleared all your liabilities with the Sacco, and you replaced all members you guaranteed.
Safaricom Sacco promotes a savings culture among the members.
It offers loans to its members to have a better life through developed and improved economic and social well-being.
This Sacco is among the best Sacco s in Kenya you can join.
The reason is that Safaricom Sacco has a high divided, high-interest rate, and it has an outstanding reputation.
Safaricom Sacco allows its members to withdraw, and in case of a problem, Sacco may stop the service without further notice until a solution is found.