Edit, Download, and Sign the KMA SACCO Dividend Advance Application Form
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How do I fill this out?
To fill out this form, begin by entering your personal particulars, including your full name and membership number. Next, provide the details of the requested advance, and specify the method of payment. Finally, read and agree to the terms and conditions before signing the form.
How to fill out the KMA SACCO Dividend Advance Application Form?
1
Enter your personal particulars including name and membership number.
2
Provide details of the requested advance, payment method, and bank details.
3
Read the terms and conditions carefully.
4
Sign the form to confirm your agreement.
5
Submit the completed form.
Who needs the KMA SACCO Dividend Advance Application Form?
1
KMA SACCO members looking for an advance on their dividends.
2
Members in need of immediate financial assistance.
3
Individuals with a well-serviced loan account in the SACCO.
4
Members who have regularly saved with the SACCO.
5
KMA SACCO members planning to utilize their 2023 dividends in advance.
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With PrintFriendly, you can easily edit this PDF by clicking on the fields and entering your information. The user-friendly interface allows you to update personal particulars and advance details effortlessly. Save and download the edited form once you are done.
1
Open the PDF in PrintFriendly's PDF editor.
2
Click on the fields to enter or update your information.
3
Fill in the personal particulars and advance details.
4
Review your entries for accuracy.
5
Save and download the edited form.
What are the instructions for submitting this form?
Submit the completed form to KMA SACCO by emailing it to Info@kmasacco.com, faxing it to 020-202675620, or sending it via post to KMA CENTRE, CHYULU ROAD, P.O BOX 413-00202, NAIROBI. Ensure all the required fields are accurately filled and all terms and conditions are agreed to. It is recommended to keep a copy of the submitted form for your records.
What are the important dates for this form in 2024 and 2025?
Important dates for this form include the start and end of the fiscal year 2023, as well as the dividend declaration dates for FY 2023. Ensure to check with KMA SACCO for specific deadlines.
What is the purpose of this form?
The purpose of this form is to provide KMA SACCO members with a means to apply for an advance on their expected dividends for the year 2023. This form aims to assist members in obtaining immediate financial assistance by allowing them to access up to 50% of their anticipated dividends in advance. By submitting this form, members agree to the terms and conditions outlined and ensure their loan accounts are well-serviced and not in default.
Tell me about this form and its components and fields line-by-line.
- 1. Full Name (As Per ID): Enter your full name as shown on your identification card.
- 2. SACCO Membership Number: Provide your unique SACCO membership number.
- 3. Place Of Practice/Employer: Specify your place of practice or employer.
- 4. P.O Box: Enter your P.O Box address.
- 5. Telephone No: Provide your telephone number for contact.
- 6. Email: Enter your email address for communication purposes.
- 7. Advance Amount: Specify the amount of advance you are applying for, both in figures and words.
- 8. Payment Method: Select your preferred payment method, such as cheque, EFT, or RTGS.
- 9. Bank Details: Provide your bank name, account name, account number, and branch details.
- 10. Terms & Conditions: Read and agree to the terms and conditions outlined in the form.
- 11. Signature: Sign the form to confirm your agreement with the information provided.
- 12. For Society Use Only: This section is for SACCO officials to approve and comment on the application.
What happens if I fail to submit this form?
Failing to submit this form may result in missing out on the opportunity to receive an advance on your 2023 dividends.
- No Advance Payment: You will not receive an advance payment on your anticipated 2023 dividends.
- Financial Inconvenience: You may face financial inconvenience or hardship without the advance.
How do I know when to use this form?
- 1. Immediate Financial Assistance: Apply for the advance to receive immediate financial assistance.
- 2. Dividend Utilization: Use the advance to make early use of your 2023 dividends.
Frequently Asked Questions
How do I fill out the KMA Dividend Advance Application Form?
You can fill out the form by entering your personal particulars, advance details, and agreeing to the terms and conditions. Use PrintFriendly's editor for a seamless experience.
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Yes, you can easily edit the form using PrintFriendly's PDF editor. Click on the fields to update your information and save the edited form.
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Is it possible to share my filled-out form?
Yes, you can share your filled-out form by generating a shareable link on PrintFriendly. The link can be emailed or posted on social media.
What information is required in the form?
The form requires your personal particulars, details of the advance requested, payment method, and agreement to the terms and conditions.
How do I know if I'm eligible to apply for a dividend advance?
Active KMA SACCO members who regularly save and have a well-serviced loan account are eligible to apply for a dividend advance.
Can I partially withdraw or offset a loan with the advance?
No, the terms and conditions specify that partial withdrawals and loan offsets are not allowed within the year.
What is the maximum amount I can apply for?
You can apply for a maximum of 50% of the dividends paid in FY 2022, repayable after the declaration of FY 2023 dividends.
How do I submit the completed form?
Submit the completed form by following the instructions provided, which may include email, fax, online submission, or physical address.
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Yes, once you have filled out and edited the form, you can download it directly from PrintFriendly.
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