This is a wholly owned subsidiary of the Kenya National Police DT SACCO and it was registered on 12th May 2014. The objective is to mobilize resources to enable members venture into the real estate market i.e. land buying, house ownership, etc.
What is Kenya Police Investment Cooperative Society Ltd?
This is a wholly owned subsidiary of the Kenya National Police DT SACCO Society Limited registered under the Cooperative Societies Act.
What are the objectives of this investment co-operative?
The core business is to undertake investment activities using member’s funds in order to create wealth for our members and other customers. Some of our business activities include:
- Real Estate ie land and housing
- Agribusiness
- Trading in equity and money markets
How can I become a member?
You join by first filling a membership application form available in our offices or at our website www.policesacco.com. The entrance fee is KShs. 2,000/- and the minimum share contribution is KShs. 20,000/-. Members are also encouraged to save at least Kshs. 1,000/- monthly investment deposit.
How will I be making my contributions?
All payments to the Society can be made via any of the following channels:
Option 1: Monthly checkoff or payroll deduction.
Option 2: Monthly standing order from members savings A/C to the Investment A/C at KNPDTS or Co-operative bank.
Option 3: MPESA Paybill
- Number: 371888
- Account Number: Put your ID Number as the account number
Option 4: Cash Deposit, Funds Transfer and Cheque Deposit at any Co-operative Bank branch.
- Account Name: Kenya Police Investment Co-operative Society.
- Account Number: 01120742036000
ID Number must be provided when transacting so that the transaction can automatically reflect in the Investment ERP
Option 5: Cash Deposit, Funds Transfer and Cheque Deposit at any Kenya National Police DT SACCO (KNPDTS) branch.
KNPDTS FOSA Investment Account Number: 50304389900
ID number must be provided when transacting so that the transaction can automatically be reflected in the Investment ERP.
Option 6: Use Investment mobile channels as follows:
- M-WEKEZA Mobile App – Now available on play store or app store
- USSD *389#
- Members Portal
NB: The deposit slip or cheque should be remitted to the investment office as evidence of payment and official receipt issued. Cash payment in the investment office is strictly prohibited.
What are some of the membership benefits?
Member of Kenya Police Investment Cooperative Society are entitled to unlimited membership benefits. Amongst them are: –
- Subsidized prices for all our products including land and houses
- Priority in product sales and letting at subsidized prices
- Flexible repayment options
- Quick title processing
- Dividend payment
- Thorough due diligence executed at the highest level of expertise
- Creation of wealth for our members
Location
The Society is located on the Fourth Floor, of the Kenya National Police DT SACCO Plaza in Ngara, Nairobi. Members can also be assisted from any of the SACCO’s branches