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How Much Commission Do Co-operative Bank Agents Earn?

  • The beauty of being a co-operative bank agent is that you earn a commission even on balance inquiries and Mini statements.

Becoming a cooperative bank agent can be one of the best ideas to make real money. Many Co-operative bank agents earn a commission of between Sh.20 to Sh.70 per transaction.

The commission earned by co-operative bank agents is both on deposits and withdrawal. If you are running a Co-operative bank agency, you also stand a chance to earn more through service utility transactions like water and electricity payments made through cooperative accounts.

The beauty of being a co-operative bank agent is that you earn a commission even on balance inquiries and Mini statements.

If you are running an M-Pesa shop, making your shop double up as a Co-operative bank agent shop can be a good boast for your business. You can easily request and apply for Co-operative bank agent by visiting the nearest co-operative bank branch around you for application and processing of your request.

Here is what you stand to earn in terms of commission as a Co-operative bank Agent

Cooperative Bank Agent Commission On Withdrawal

Amount (Kshs)Charges (Kshs)Agent Commission (Kshs)
50 – 2,0005020
2,001-5,0005020
5,001-10,0007030
10,001-20,0008035
20,001-30,00010045
30,001-40,00012055
40,001-50,00014065
50,001-100,000250120

Cooperative Bank Agent Commission On Deposit

Amount (Ksh)Charges (Ksh)Commission(Ksh)
100-14,999FREE10
15,000-19,999FREE;/










15

15
20,000-29,999FREE20
30,000 AND ABOVEFREE30
UTILITY (WATER & KPLC)5025
BALANCE ENQUIRY105
MINISTATEMENT2010

Also Read:How To Import Business Goods From China

See also  How To Become A Co-Op Kwa Jirani Agent

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