Saving for groceries with a group of people is easy with a Grocery Club Account.
Head down to your nearest branch, and take the following documents with you:
- The IDs of three elected group members who will act as signatories
- Proof of residence for three members (not older than three months)
- Your initial R50 investment to open your account
- All you need is an initial deposit of R50 to open your account
- Enjoy a competitive interest rate
- You pay no monthly management fees
See the interest rates
for our Grocery Stokvel Account
|0.01 - 9 999 999 999 999.99||0.50%|
Last reviewed on 24 August 2021
All interest rates are expressed as a percentage per annum and are indicative rates subject to change.