Membership

The society has revised its by-laws to open up the common bond. A person of either gender is eligible for membership if in possession of the following qualifications: –

  • Employee of the Malawi Defence Force
  • Retired Employee of the Malawi Defence Force
  • Spouse, Son or Daughter of the above members
  • Employees from Government Ministries
  • Employees from Government Departments
  • Employees from Government Agencies

Why Msilikali Sacco

MSACCO exist first and foremost to serve our members who in essence own and control the Sacco through the Board. Msacco offers lower interest rates on loans and higher interest rates on savings, making its services easily accessible by all its members.

Join our happy family today!

We offer

  • Readily available funds
  • Low interest rates
  • High annual dividends and interest on deposits
  • Loan clearance on behalf of members
  • Insured loans
  • Quick and quality member service

Membership Requirement

To join Msilikali Sacco one has to do the following:

  • Fill membership application forms – Click here to download
  • Pay a one-time membership fee of K2,000
  • Commit to make a monthly contribution of K5,000 or more for shares
  • Commit to make a monthly contribution of K5,000 or more for deposits
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