At NSLS, we believe that your hard-earned money, when you save, should work as hard as you do to help improve your living standard. Whether you are saving for a milestone or need a helping hand to reach your goals, our range of products are designed with your family and future in mind.
We offer nine signature products created to support you through every season of life.
Grow Your Wealth with 6 Specialised Savings Accounts
- General Saver (S1): Compulsory account for your essential foundation for financial security.
- School Fee Saver (S2): Take the stress out of the new school year.
- Christmas Saver (S3): Make the festive season truly magical.
- Housing Saver (S4): Build the equity you need to buy your new home or capital you need to build the home your family deserves.
- Tertiary Saver (S5): Invest in higher learning and brighter careers for yourself or your child/ren.
- Pikinini Savers (S6): Start your child’s journey toward independence.
Need a Boost? Avoid the Loan Sharks – Borrow the smart way
From quick needs to big dreams, we offer 1:1, 1:2, and 1:5 loans with the most competitive and friendly interest rates in the market, from as low as 1% and flexible repayment terms of up to 36 months. Choose the package that fits your needs.
1:1 Loan Package (L1) – Fast and Fully Secured
This is our most straightforward loan, where your borrowing is fully secured by your existing savings.
- Borrowing Power: Up to 100% of your current savings balance (e.g., K1000 in savings = K1000 loan)
- The Advantage: Our fastest processing time-get your funds in just 24 hours!
- Best For: Immediate cash needs without dipping into your actual savings.
1:2 Loan Package (L2)– Double Your Potential
Available to members whose employers have signed a special agreement with NSLS.
- Borrowing Power: Borrow up to twice the amount of your savings (e.g., K1000 in savings = K2000 loan).
- Eligibility: Must be an NSLS Member for over 1 year and with your current employer for over 3 years.
- Processing: Quick 48-hour turnaround.
download the 1:2 form here
1:5 Loan Package (L3) – Value & Quality of Life
Our most powerful loan product designed to help you reach major life milestones.
- Borrowing Power: Borrow up to five times your savings balance based on your eligibility.
- Eligibility: Requires at least 12 months of consecutive membership/savings and employment with a participating 1:5 Employer Group.
- Processing: 72-hour loan processing time.
download the 1:5 form here
