General Saver (S1)

Your foundation for Financial Freedom

The General Savings Account (S1) is more than just a place to keep your money, it’s your first step toward long-term financial security. As a primary account, it’s designed to help you build a solid nest egg while unlocking your ability to borrow when life’s bigger opportunities or challenges arise.

Why General Savings Account is essential:

  • Unlock Your Borrowing Power: Your savings in this basket allows you to access flexible loan options with ease.
  • Watch Your Money Grow: With no account keeping fees, your savings only grows with competitive interest rates.
  • Easy & Automatic: With direct payroll deductions or voluntary contributions, you can save consistently without ever having to think about it.

Ready to Join? Opening your account is easy:

  1. Download Your Forms: Grab the New Membership Application Form and the Irrevocable Authority to Deduct (IATD) Form.
  2. Choose Your Amount: Decide how much you’d like to save each fortnight (minimum contribution is just K50.00)
  3. Submit & Authorize: Hand your completed forms to your HR or Payroll/Finance Team for endorsement.
  4. We’ll Take it From There: Your team will then, send the forms to NSLS, and we’ll get your account up and running

A one-off K50 account opening fee applies to set up your new financial future

Start your savings journey today and build the security your deserve!


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