Call Free: 061 112 4236
info@nsbsa.org.za
15 Jubilee Road, Parktown, South Africa
Call Free: 061 112 4236
info@nsbsa.org.za
15 Jubilee Road, Parktown, South Africa
Call Free: 061 112 4236

HOW TO QUALIFY FOR NSBSA BENEFITS?

  • STOKVEL MUST BE REGISTERED WITH NSBSA
    • REGISTRATION IS FREE
    • ELIGIBLE STOKVELS ARE:
      • GROCERY
      • SAVINGS
      • BURIAL SOCIETIES
      • INVESTMENT CLUBS
      • PARTY/TRAVEL CLUBS
      • BUSINESS FORUMS (TUCK SHOPS, TAVERN, TAXI OWNERS CLUBS)
      • CHURCHES STOKVELS
  • A STOKVEL MUST HAVE A MINIMUM OF THREE MEMBERS

FUNERAL BENEFITS

R 10,000

Persons Insured Cover Amount Min./Maximums ages at entry next birthday
Member R 10,000 18 – 65
Spouse R 10,000 18 – 65
Children age at 14 – 21 R 10,000 14 – 21
Children age at 6 – 13 R 5,000 6 – 13
Children age at 0 – 5 R 5,000 0 – 5
Stillbirths R 2,500 After the 28th week pregancy

R 20,000

Persons Insured Cover Amount Min./Maximums ages at entry next birthday
Member R 20,000 18 – 65
Spouse R 20,000 18 – 65
Children age at 14 – 21 R 20,000 14 – 21
Children age at 6 – 13 R 10,000 6 – 13
Children age at 0 – 5 R 10,000 0 – 5
Stillbirths R 5,000 After the 28th week pregancy

Funeral cover includes seven (7) people:

  • The Member
  • The Member’s spouse and
  • Five (5) children under 21 years
(Valid claims are paid within 48 hours of receiving all relevant documents)

BANK CARD FEATURES

  • Card is for individual members of stokvels (not a stokvel card)
  • Low monthly fee
  • Supported by two of the major banks
  • Mobile bank app available
  • Balance inquiry, mini statement, cash withdrawal can done in any ATM.
  • Cash withdrawal at major retailer also available

STOKVEL LOYALTY PROGRAMME

  • collect discounts by using the bank card
  • list of participating retailers will be sent regularily
  • cash discount accumulated is deposited to a stokvel account
  • monthly statement is sent to the stokvel regularily

VODACOM SIM CARD

  • discounted airtime
  • discount paid to the stokvel account
  • RICA can be done by an nsbsa agent
  • activated on purchase of a R20 airtime