Magereza Sacco – Contacts, Branches, Mobile Banking

Magereza Sacco – Contacts, Branches, Mobile Banking: Magereza Sacco is one of the giant saving and credit societies in Kenya. Its headquarters are based in Nairobi.

The Sacco was established and registered in 1971 with a membership of around 17,000 active members and it is located in Mageso Chambers along Moi Ave in Nairobi Central.

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Magereza Sacco Branches

Magereza Sacco Nairobi Branch

Magereza Sacco Eldoret Branch
Magereza Sacco Mombasa Branch
Magereza Sacco Ruiru Branch
Magereza Sacco Kisumu Branch

Magereza Sacco Mobile Banking

With our M-Sacco solution, our members are able to access their funds and our Sacco facilities regardless of geographical location and beyond the conventional business hours. The M-Sacco platform enables our members to transact through their mobile phones at their convenience and comfort of their work places/homes. This solution has since become a channel of choice to our members. Members fill an M-Sacco Registration Form and submit to the Sacco for processing.

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By dialing *346# members get the following services;

  • Withdrawal – Allows member to make withdrawals from their FOSA\Service accounts
  • Balance enquiry – Members can enquire their account balances e.g Loans, Shares, deposits and other FOSA accounts
  • Loan Repayment – This service allows members to repay their loans e.g BOSA and FOSA loans
  • Mini-statement – Members can get a mini-statement for the last 5 transactions
  • Change PIN – Members can change their PIN numbers as they wish
  • FOSA to BOSA transfer
  • Inter FOSA transfer

Members can make deposits as follows:

  1. Select Safaricom Menu on the mobile phone
  2. Select MPESA
  3. Select Pay Bill
  4. Enter Business No – 173877
  5. Enter Account No (Format: 0101-001-Membership No.)
  6. Enter Amount to Deposit
  7. Enter PIN (MPESA Pin)
  8. Confirm the amount to be sent and Pay Bill number by pressing OK.
  9. Wait for confirmation SMS
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Members can boost their shares as follows:

  • Follow the steps above until step 4.
  • On (5 above) Enter Account No (Format: 0101-001-ID Number)
  • Continue with the other steps as above

How to apply for M-Sacco

  • Download the M-Sacco Registration Form on our website
  • Fill the form and send to the Sacco Office.
  • We will receive and verify the form; if satisfied with the provided details, link the account to your mobile number.
  • You will get a PIN number which you will use to log into your account
  • You will be required to Change your PIN before any transaction

 

Magereza Sacco Location

The Sacco’s head office is located at Mageso Chambers along Moi Avenue in Nairobi, with a total of four (4) branches in Mombasa, Eldoret, Kisumu and Ruiru.

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Magereza Sacco Contacts

Phone : (20) 2244138

Mobile : 0716 315 155, 0718 224 956

Email : magereza@magerezasacco.co.ke

Address : Mageso Chambers, Moi Avenue, P.O Box 53131 – 00200, Nairobi, Kenya.

Eldoret Branch
Post Bank House, Uganda Rd, Eldoret
Email: eldoret@magerezasacco.co.ke

Mombasa Branch
Shimo la Tewa, Mombasa
Tel: 0716853257
Email: mombasa@magerezasacco.co.ke

Ruiru Branch
Prison Staff Training College – Ruiru Town
Tel. 0775463716
Email: ruiru@magerezasacco.co.ke

Kisumu Branch
Pioneer Building – Oginga Odinga Street
2nd floor Room 205
Tel. 0775613113
Email: kisumu@magerezasacco.co.ke