Frequently Ask Questions


Have a look at a list of our most popular Frequently asked questions & answers:

Membership is open to all.

All members of Kenya Police Sacco Society

When the first share contribution is received. In the event the loan amount applied is more than 3 times of the deposits, a portion of the loan amount will be used to boost shares so as to qualify for a that amount.


This represents members portion of equity of the society.

It is not withdrawable but it can be transferred when one ceases to be a member.


This are the regular monthly deposit; at least 10% of basic salary. They are used to determine eligibility for a loan and can only be withdrawn when one ceases to be a member.


This is the withdrawable amount held at the POFOSA accounts

No, shares cannot be withdrawn as long as you are still a member.

Any active member in good standing is allowed to be a guarantor provided that one has not over guaranteed.

A guarantor must be willing and able to repay the loan guaranteed in case the loan is defaulted.

Yes, that it allowed and it does not attract any fees

A nominee is the person designated by a member to receive the proceeds of any payable funds upon the death of the member.

All members are required to provide details of nominee(s) upon registering as members.

One can change and/or update his/her nominee information as when and need arises.

This is a compulsory insurance scheme for all Kenya Police Sacco members.

Each member contributes KES 350 per month. The fund is used to double the shares payable to the beneficiary (nominee), cater for payments to the member in case of retirement, resignation, dismissals and death of a spouse and children.

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