Chai Sacco Paybill Number 544 200 (How to Make Payments via Mpesa)

Discover the power of Chai Sacco and how to make payments via Mpesa using their Paybill number 544 200. Empower yourself financially with Kenya's leading Sacco.

Nov 1, 2023 - 09:27
Nov 1, 2023 - 09:29
Chai Sacco Paybill Number 544 200 (How to Make Payments via Mpesa)
Chai Sacco Paybill Number 544 200 (How to Make Payments via Mpesa)

In our country, Kenya, financial empowerment and social support have been at the forefront since our independence; Chai Sacco has been a hope since its inception in 1973. With a commitment to fostering economic growth, social stability, and financial security, Chai Sacco Society Limited has continuously evolved to meet the diverse needs of its members. In this article, I will tell you everything you need to know about Chai Sacco, including how to make payments via Mpesa using their Paybill number 544 200.

About Chai Sacco

Chai Sacco Society Limited has been at the forefront of empowering its members economically, socially, and financially for nearly five decades. Founded in 1973, this reputable Sacco has consistently delivered financial services tailored to cater to the unique requirements of its members. The Sacco's commitment to excellence is underscored by its ISO 9001:2015 certification.

Regulatory Oversight

Chai Sacco operates under the watchful eye of the Sacco Society Regulatory Authority (SASRA), ensuring compliance with industry standards and best practices. With branches strategically located in Nairobi, Mombasa, Kisii, Litein, and Nkubu, as well as satellite offices in Olenguruone, Silibwet, Othaya Kutus, Kangari, Kapsabet, and Nyamira, Chai Sacco's presence extends far and wide.

Diverse Membership

Chai Sacco draws its membership from various sectors, including:

  • KTDA and its affiliate companies' employees
  • Businesspeople
  • Women groups, youth groups, self-help groups, and community-based organizations
  • Farmers
  • Private companies, NGOs, and National and County government employees
  • Kenyans in the Diaspora

How to Make Payments via Mpesa to Chai Sacco (Paybill Number 544200)

Making payments to Chai Sacco via Mpesa is a simple and convenient process. Follow these steps:

  1. Go to your M-Pesa menu on your mobile phone.
  2. Select 'Lipa Na M-Pesa.'
  3. Choose 'Pay Bill.'
  4. Enter Chai Sacco's Paybill number, which is 544200.
  5. Under 'Account Number,' input your National ID Number. If you are making payments for a group, use the Group Registration certificate number followed by the product code as the account number.
  6. Enter the amount you wish to pay.
  7. Input your M-Pesa PIN.
  8. Confirm the payment details and press OK to confirm the payment.

READ ALSO: AirKenya Paybill Number 517200: How to Make Payments via Mpesa 

Product Codes

Chai Sacco offers a wide range of financial products, each with its unique product code. Here are some of the product codes you may need:

Savings Products:

  • Registration Fee (RF)
  • Share Capital (SC)
  • Member Deposit (MD)
  • Savings Account (SSA)
  • Fixed Deposit Account (FD)
  • Chai Angel Junior Account (CA)
  • Chai Premier Holiday Account (CH)
  • ChaiFama Account (CF)
  • Biashara Account (BA)
  • Dividends Account (DA)
  • Deposit Cover Account (DFA)
  • Group Account (GS)
  • Corporate Account (CS)
  • Agent Account (ASA)
  • Chai Diamond Account (CDA)


  • Main Loan (ML)
  • Super Loan (SL)
  • Emergency Loan (EL)
  • Product Loan (PL)
  • College Loan (CU)
  • School Fee Loan (SF)
  • Jeki Loan (JL)
  • Vision Loan (VL)
  • Investment Loan (IL)
  • Chai Fama Loan (CFL)
  • Golden Loan (GL)
  • Salary Advance (SA)
  • Chai Sacco eLoan (CEL)
  • Group Loan (GA)
  • Green Leaf Loan (GR)
  • Dividend Loan (DA)
  • Defaulter's Loan (DL)

Remember, each payment should be made for one product per transaction.

Chai Sacco Loan Products

Chai Sacco offers a variety of loan products to cater to the diverse financial needs of its members. Here's an overview of some of the vital loan products:

Main Loan

  • Repayment period: 48 Months
  • Interest: 1% per Month
  • Appraisal fee: 0.5%

The Main Loan is a versatile loan option that offers members the necessary flexibility. With a repayment period of 48 months and a competitive interest rate of 1% per Month, it caters to various financial requirements.

Emergency Loan

  • Repayment period: 12 Months
  • Interest: 1% Per Month
  • Appraisal fee: 0.5%

The Emergency Loan is designed to provide immediate financial support during unexpected circumstances. With a quick repayment period of 12 months, it helps members navigate unforeseen challenges.

School Fees Loan

  • Repayment period: 12 Months
  • Interest: 1% Per Month
  • Appraisal fee: 0.5%

Investing in education is crucial, and the School Fees Loan assists members in securing their children's education with a maximum repayment period of 12 months.

Product Loan

  • Amount above Kshs. 20,000 repayable in 24 Months
  • Amount below Kshs. 20,000 repayable in 12 Months
  • Interest: 1% Per Month
  • Appraisal fee: 0.5%

The Product Loan enables members to finance various purchases, from household items to electronic gadgets, with flexible repayment terms based on the loan amount.

Super Loan

  • Repayment period: 60 Months
  • Interest: 1.2% Per Month
  • Appraisal Fee: 1%
  • Minimum amount: Kshs. 250,000
  • Minimum monthly contributions: 2,000 + 0.25% of the loan

The Super Loan is a long-term financing solution that offers substantial loan amounts and extended repayment periods, making it ideal for significant projects.

Jeki Loan

  • For new members with low deposit
  • Maximum of Kshs. 300,000
  • 34% retained as BOSA deposits
  • Interest: 1.2%
  • Payable in 36 Months

The Jeki Loan is designed to support new members with limited deposits, providing access to loans that exceed their deposit limits.

College/University Loan

  • Repayment period: 24 Months
  • Interest: 1% Per Month
  • Appraisal Fee: 1%
  • Maximum amount: Kshs. 100,000
  • Minimum monthly contributions: 2,000 + 0.25% of the loan

The College/University Loan assists individuals pursuing higher education by offering reasonable loan amounts and a convenient repayment schedule.

Vision Loan

  • Payable in 72 Months
  • Interest: 1.25% Per Month
  • Four times the savings
  • Dividend capitalized
  • Appraisal fee: 1%

The Vision Loan is tailored for ambitious development projects that require substantial financing. With competitive terms, it supports members' long-term aspirations.

Salary Advance

  • Salary pay point: Chai FOSA
  • Maximum amount of Kshs. 100,000
  • Repayment Period: 6 Months
  • Interest: 2%

The Salary Advance is a practical solution for salaried individuals with accounts at Chai FOSA. It offers quick access to funds with minimal requirements.


  • Maximum e-loan amount: Kshs. 30,000
  • Loan tenure: 1 month

The E-Loan introduces a convenient way to access loans via mobile phones through the *645# USSD code or M-Chai App, making financial assistance a tap away.

Chaifama Loan

  • Targeted towards tea farmers
  • Maximum repayment period: 12 months

The Chaifama Loan caters to tea farmers who process their proceeds through Chai FOSA. It offers loans based on green leaf deliveries, providing essential financial support.

Investment Loan

  • Repayment period: 72 Months
  • Offers loan amounts of up to 4 times a member's deposit

The Investment Loan is ideal for property purchases through Chai Diamond Investment Ltd. It provides generous loan amounts, making property ownership accessible.

Deposit Cover

This option ensures that member deposits are covered against permanent disability or death, with deposits at the time of such events doubled and refunded to the nominee.

Chai Sacco Loan Requirements

To qualify for any of the Chai Sacco loans, members must meet specific requirements outlined in the Sacco's credit policy. Here are the essential eligibility criteria:

  • Active membership for a minimum of 6 months.
  • Members who transfer their deposits from other Saccos will be considered continuing members.
  • For BOSA loans, total deductions should not exceed 2/3 of gross salary.
  • Duly filled loan form.
  • Two current pay slips.
  • Good credit history.
  • Active accounts for all loans.

Chai Sacco Savings and Deposits Products

Chai Sacco offers a range of savings and deposit products to help members build a secure financial future. Explore some of the options available:

Savings Account

  • Minimum account balance: Kshs. 500
  • Minimum savings: Ksh. 500
  • No ledger fees
  • Minimum interest earning balance: Kshs. 3,000
  • Salary processing available
  • Accessible via ATM/Visa card and M-Sacco

The Savings Account is a versatile option for members looking to save and earn interest while enjoying the convenience of salary processing and ATM access.

Chai Premier Holiday Account

  • Minimum monthly savings: Kshs. 1,000
  • Attractive interest on a minimum balance of Kshs. 5,000
  • One withdrawal is allowed per year

The Chai Premier Holiday Account is designed to help members save for their dream vacations while earning attractive interest on their balances.

Chai Angels Junior Account

  • Minimum monthly savings: Kshs. 500
  • Operated by the guardian
  • No ledger fees
  • Attractive interest rates (2% above savings account)
  • 25% discount on banker's cheques
  • Three withdrawals permitted per annum

The Chai Angels Junior Account is an excellent way for parents or guardians to instil financial discipline in children while enjoying the benefits of savings.

Fixed Deposit Account

  • Minimum deposit: Kshs. 20,000
  • Minimum period: 1 Month
  • Negotiable and attractive interest rates
  • Quick FOSA loan available, up to 80% of savings at 1% interest per Month

The Fixed Deposit Account allows members to invest their funds while enjoying competitive interest rates and the option to use it as loan collateral.

Group Account

  • Designed for groups with more than five members, including Factory Welfare Groups
  • Account operated by officials.
  • No ledger fees
  • Non-withdrawable deposits: Contributions made monthly by members, used for borrowing from the Society, and transferable between members

Group Accounts cater to organizations and groups, facilitating easy financial management and access to credit.

Chai Sacco Mobile Banking and Online Portal

Chai Sacco embraces technology to provide convenient banking solutions to its members:

Mobile Banking

Members can access a wide range of banking services through the M-Chai app or the *645# USSD code. These services include cash withdrawals, airtime purchases, deposits, e-loans, inter-account transfers, mini-statements, and balance inquiries.

Online Portal

Chai Sacco offers an online portal that allows members to:

  • Check FOSA statements
  • Access a loan calculator
  • Track loan progress
  • Review guaranteed loans
  • View dividend information
  • Monitor the latest transactions

The Chai Sacco member portal enhances transparency and accessibility for members, providing valuable insights into their financial activities.

Additional Services Offered by Chai Sacco

Beyond its core products, Chai Sacco extends its services to meet diverse member needs:

  • Agency banking services
  • Internal and external standing orders
  • Banker's cheques
  • M-Pesa services
  • Sacco links ATM cards

How to Join Chai Sacco

Becoming a member of Chai Sacco opens up a world of financial opportunities and support. To join, follow these steps:

  1. Obtain a Chai Sacco membership application form.
  2. Fill in the required details, including:
    • Applicant's personal information
    • Contact details
    • Physical address
    • Home/permanent address
    • Identification details
    • Next of kin details
    • Employment details (if applicable)
    • Business details (if self-employed)
    • Sources of funds
    • Estimated monthly income level
    • Preferred account opening details
    • List of nominee names and details

3. Submit the completed application form and necessary documents, such as a passport photo and a copy of your ID card/passport.

4. Visit the Chai Sacco online application portal and fill in the requested information, including your details, contact information, and a referee.

5. Attach and upload the duly filled application form, passport photo, and a copy of your ID card/passport.

6. Await further instructions from Chai Sacco to complete the membership application process.

Chai Sacco Head Office and Contacts

For inquiries and more information, you can reach out to Chai Sacco at their head office:


KTDA Plaza, 4th Floor, Moi Avenue

PO Box 278-00200 City Square

Nairobi, Kenya


+254 20 2214406/10


0733 330045 / 0701 314410


+254 20 22144410


READ ALSO: Centenary Sacco Paybill Number 700 300 (Make Payments via Mpesa) 


Chai Sacco is not just a financial institution; it's a partner in your journey to financial security and growth. With a wide array of financial products and services, a commitment to innovation, and a dedication to its core values, Chai Sacco is a reliable ally for its members. 

Joseph Richard Joseph Richard, a leading contributor to, uses his decade-long expertise in finance, business, and technology to offer clear, reliable guides and analyses. His work aids Kenyans in making informed financial and business decisions, earning him a reputation as a trusted industry authority.