Get a SASRA licence or authorisation for a SACCO
Sacco Societies Regulatory Authority · sources read 3 Oct 2026
A SACCO that takes withdrawable deposits needs a SASRA licence; a non-withdrawable deposit-taking SACCO needs an authorisation certificate. Download the forms from sasra.go.ke, submit them with the checklist documents and the KSh 3,000 application fee; SASRA aims to decide within 14 working days.
- Fee
- KSh 3,000Deposit-taking SACCO: application feeKSh 50,000Deposit-taking SACCO: licensing fee, head officeKSh 20,000Deposit-taking SACCO: licensing fee, per branchKSh 3,000Non-withdrawable deposit-taking SACCO: application feeKSh 50,000Non-withdrawable deposit-taking SACCO: authorisation fee, head officeKSh 20,000Non-withdrawable deposit-taking SACCO: authorisation fee, per branchKSh 30,000Non-withdrawable deposit-taking SACCO: annual renewal, head officeKSh 10,000Non-withdrawable deposit-taking SACCO: annual renewal, per branch
- How long
- Within 14 working days
- Where
- Forms from sasra.go.ke; submit to SASRA, UAP Old Mutual Tower, 19th Floor, Upper Hill Road, Nairobi (authorisation soft copies to licensing@sasra.go.ke)
What you need
- Licence (or authorisation) application form, signed by the CEO and chairperson before a Commissioner for Oaths or magistrate
- Fit and Proper Test forms for the proposed directors, CEO and senior managers
- A business plan with financial projections (template on the SASRA site)
- Certified extract of AGM/ADM minutes approving the application
- Audited accounts for the last 3 years, plus certified copies of the registration certificate and by-laws
Steps
- Download the licence or authorisation forms, checklist and templates from the Licensing & Authorization pages on sasra.go.ke.
- Get your members' AGM/ADM to pass a resolution approving the application.
- Submit the signed forms and documents to SASRA. For authorisation, email soft copies to licensing@sasra.go.ke and also hand in a hard copy.
- Pay the KSh 3,000 application fee and include proof of payment. Once approved, pay the licensing or authorisation fee.
Watch out
- Authorisation certificates are renewed every year, together with an annual data template.
- For authorisation, get a pre-application no-objection letter from SASRA first and attach it to your by-laws.
Who can apply
- SACCOs that want to do deposit-taking SACCO business need a licence.
- SACCOs that want to do specified non-deposit-taking business need an authorisation certificate.
Official sources (6)
- Licensing sasra.go.ke · read 3 Oct 2026
- Authorizations sasra.go.ke · read 3 Oct 2026
- Renewals sasra.go.ke · read 3 Oct 2026
- Citizen Service Delivery Charter sasra.go.ke · read 3 Oct 2026
- License Application Checklist sasra.go.ke · read 3 Oct 2026
- Authorization Application Checklist for Non-WDT-Saccos sasra.go.ke · read 3 Oct 2026
