Stokvel Savings Plan

Welcome to NASASA FC’s Stokvel Savings Plan, a tailored solution for Savings Clubs and Rotational Stokvels. This innovative product simplifies group savings and ensures secure, convenient transactions through the NASASA Old Mutual Money Account.

Strategic Partner:

For Rotational Stokvels

1. Monthly Contributions

Members contribute equal amounts monthly, collectively deposited into the group’s We-Save account.

2. Rotational Instructions

The group instructs NASASA FC on a rotational basis to pay an amount into an individual member’s NASASA Old Mutual Money Account.

For Savings Clubs

1. Monthly Contributions

Members contribute equal amounts monthly, pooling funds into the group’s We-Save account.

2. Saving Cycle

NASASA FC facilitates the savings cycle, providing a dedicated space for accumulating funds.

3. End of Cycle Payout

At the end of the savings cycle, the group instructs NASASA FC to distribute typically equal amounts to each member’s individual NASASA Old Mutual Money Account.

NASASA Old Mutual Money Account Benefits

1. Secure Transaction

Say goodbye to distributing cash. NASASA Old Mutual Money Account provides a secure and convenient way for members to receive money directly into a bank account.

2. Transaction Flexibility

Enjoy the flexibility of a transactional account, allowing members to manage funds more efficiently.

NASASA Old Money Account Cards:

Upon application to this product, NASASA FC arranges NASASA Old Mutual Money Account cards for Stokvel members, enhancing accessibility and convenience.

Transform your group’s financial journey with NASASA FC’s Stokvel Savings Plan—empowering communities through secure and modern banking solutions. Apply today for a safer, more efficient way to manage and access your Stokvel funds.

NASASA Old Money Account Cards:

Upon application to this product, NASASA FC arranges NASASA Old Mutual Money Account cards for Stokvel members, enhancing accessibility and convenience.

Transform your group’s financial journey with NASASA FC’s Stokvel Savings Plan—empowering communities through secure and modern banking solutions. Apply today for a safer, more efficient way to manage and access your Stokvel funds.