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

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