Amica Savings & Credit, formerly known as Murata Sacco, has established itself as a prominent financial institution in Kenya, offering a wide range of services to its members. With a commitment to leveraging technology for enhanced member experience, Amica provides various digital platforms for convenient banking.
Amica Sacco USSD Code: *298#
To facilitate seamless mobile banking, Amica Sacco offers the Amicash Mobile Banking service accessible via the USSD code *298#. This platform allows members to:
- Transfer funds
- Apply for mobile loans
- Deposit and withdraw through Amica Agents
- Pay bills such as rent and school fees
- Check account balances
- Access mini statements
This service ensures that members can manage their finances anytime, anywhere, without the need for internet connectivity.
Amica Sacco Paybill Number: 162180
For added convenience, Amica Sacco has integrated with M-Pesa, allowing members to deposit funds directly into their accounts or repay loans using the Paybill number 162180. To use this service:
- Go to the M-Pesa menu on your phone.
- Select ‘Lipa na M-Pesa’.
- Choose ‘Paybill’.
- Enter the Business Number: 162180.
- Input your Amica account number.
- Enter the amount you wish to deposit or repay.
- Confirm the transaction with your M-Pesa PIN.
This integration simplifies transactions, making it easier for members to manage their accounts remotely.
Amica Sacco Contact Information
For inquiries or assistance, members can reach out to Amica Sacco through the following channels:
- Telephone: +254 729 333 444 or 0111 026 100
- SMS Code: 20298
- Email: hello@amicacs.co.ke
- Physical Address: Murang’a Farmers Union Building, Ground Floor, Uhuru Street, P.O. Box 816 10200, Murang’a, Kenya
These contact avenues ensure that members can receive prompt support and information regarding their accounts and services.
Membership Benefits and Requirements
Amica Sacco welcomes individuals from all sectors, boasting a membership base exceeding 130,000. Members enjoy numerous benefits, including:
- Free account opening
- Free financial advice
- Opportunities to save, invest, and grow wealth
- No ledger fees
- No minimum balance requirements
- 24/7 account accessibility
- Access to SME funding and startup business loans
- Eligibility for asset financing
- Personalized services
- Access to various loan products with flexible repayment terms
To become a member, applicants need to:
- Fill out the Membership Application Form.
- Attach a copy of their National Identification Card.
- Pay the registration fee.
- Make the required monthly contributions.
- Contribute to the share capital.
These steps are designed to ensure that members are well-integrated into the Sacco and can fully benefit from its offerings.
Amica Sacco has been instrumental in empowering young entrepreneurs. A notable example is Faith Nyambura, whose journey with Amica showcases the potential of Saccos in supporting youth-led businesses. Her story underscores the importance of financial institutions in nurturing the ambitions of young Kenyans.
