We come bearing good news for all Mombo Sacco members, you can now withdraw your interests for January 2019 :-). The interest withdrawing period will run for 10 days beginning 10th January to 20th January 2019.
Within this period a Sacco member can either withdraw all their interest or part of it. Interests will be available for withdrawal in either of the three forms below:
- In cash to be paid via a bank account
- To be paid directly to loans.
- To be paid directly to savings.
There will be 5% withholding tax levied on the withdrawn interest which will be submitted to KRA and a service charge of Ksh. 600 which will be levied to an amount withdrawn in cash only. There will be no service charge for Loan and Savings withdrawals as they are internal transactions.
A button will be activated in the Earning Sacco section of the Mombo App dashboard and will be deactivated on 20th January.
In case of any more questions, kindly reach out to +254 710 940 006/ +254 706 503 230, Email: firstname.lastname@example.org , Website: https://www.mombo.co.ke/