Pay your insurance premium or Sacos rent easily with SEFT

Paying your insurance premiums has never been easier with all the electronic facilities existing at your preferred bank.

Today, we show you how to pay your insurance premiums or Sacos rent through the Seychelles Electronic Fund Transfer. This system is ideal for those holding a bank account with Nouvobanq, Seychelles Commercial Bank or Credit Union.

Continue reading “Pay your insurance premium or Sacos rent easily with SEFT”

Pay your Insurance easily with Mobile Banking

There is no argument that the pandemic has considerably changed how we live our lives, especially our customs and habits, but there has also been a change in the way we conduct our everyday errands. 

This is quite apparent in banking and bills payment where, normally, people would commute to town to deposit cash into their account, withdraw funds from their savings or stand in a queue to pay their monthly bills. 

With the new restrictive COVID-19 measures in place, most of these services have been limited and people are being asked to turn to alternative forms of payment.

Last week, we featured a piece on Mobile Banking through the JuicebyMCB app.

Today, you can learn more about online banking with Absa Seychelles Ltd Mobile Banking App.

Step 1: Download the app via Google play store or Apple store.

Step 2: Register to use the mobile banking facility by following these clear instructions here.

Step 3: Register Sacos as a beneficiary on your app by selecting ‘Beneficiaries’ and enter the relevant information as indicated here. Refer to our QR Code here for information on our banking account with Absa Seychelles Ltd. 

Step 4: To make a payment, select ‘Pay Bill’ icon and select Sacos as the registered biller. You can follow the instructions here. When making your payment, please ensure you put your policy number in the payment details field.You can also use this payment method to pay your monthly Sacos rent. Make sure you enter your full name properly when making the payment.

Step 5: Click ‘Confirm’ to confirm the payment.

If you are having trouble downloading a QR code scanner from your phone, call us on 4295008 or WhatsApp 2660950 to obtain the bank details for your respective banks.

Add your Family to your Funeral Insurance Plan

It’s eerie enough to map out a plan for your own death, but to add your family, as well, can be a scary thought. However, it makes the most economic sense and here’s why you should add your family to your Funeral Insurance Plan.

The Funeral Insurance Plan is one of the most affordable insurance products within our portfolio of products. It can cost as little as SCR80 per month depending on your age and your insurance plan.  Adding your family to your plan can likely be a nominal amount, in addition to what you are already paying.

Who can be added to your plan?

If you are the main member of the plan, you can add your spouse (age above 18 years and less than 65 years), your dependent child (age less than 25 years if studying full time at a tertiary institution, otherwise age less than 21 years) and your parents (age up to 70 years).

What are the benefits of adding your family members to your plan?

You all get the same benefits under one plan. If the plan is for a SCR30,000 assured sum upon death for yourself, this amount will also be made available upon the passing away of each family under your plan. 

Another benefit is the lifetime coverage for some of your family members. Although your dependent child can only be included up to the ages of 21 and 25, depending on their studies, your spouse and your parents can be included until death.

If your family member passes away, you won’t have to be financially burdened with considerable funeral costs, especially if you are an only child or a single parent. 

For more information, call us on 429 5000, send an email to or request a quote through our website.

Why Householders Policy is especially important in January

January is commonly known for torrential rainfall and flash flooding in Seychelles and this year has not been much different. It is generally one of the most important months for homeowners with a Householders Policy.

Torrential rainfall and flash floods can cause damage to houses, walls and even vehicles on site. The force of the water can cause structural damage to the building, including carrying debris within the perimeter and inside the house. Heavy winds and storms can also cause fallen debris such as tree branches to damage the roof, walls and windows of the house Other damage can be caused by landslides and boulders crashing into the homes. Erosion can also weaken the foundation of the home, especially those built on stilts.

If you have a Householders Policy, your policy would cover damage to the building of your house, including roofs, walls, floors, windows and doors if you have the Building cover. Your policy would also cover damage resulting out of the flood to your furniture and other items if you have a Content cover.

If your house was recently damaged by flood or other debris from the torrential rainfall, contact Sacos to make a Claims for the damage caused.

If you do not have a Householders Policy, today is a good day to contact us (T: 429 5000 or E: or more information on the Householders.

Stay safe by using our Online Payment Option

With the spread of the coronavirus in the community, Sacos has recently announced new measures to restrict the movement of the public within our premises.

Amongst those measures, we are strongly advising all our customers to make use of our online payment mechanism instead of coming in-person to effect such payments.

How does it work?

You can download JuiceByMCB or from your App Store to register for online payment.

You can pay your insurance premium or your rent at anytime and anywhere on the Mauritius Commercial Bank (MCB) Juice mobile application if you are an MCB client by using Sacos’ Mobile Merchant Number:

  • Sacos Life2660966 (For Life premium & rent payment)
  • Sacos Group Limited2660967 (For general insurance premium payment)

Follow the steps below to pay Sacos:

1.      Select ‘Pay a Juice Merchant’.

2.      Type “Sacos” under ‘Search merchant’.

3.      Are you making a life insurance premium or Sacos rent payment? Select ‘Sacos Life Insurance’.

4.      Are you making a general insurance premium payment? Select ‘Sacos Group Limited’.

5.      Enter the amount to be paid, e.g. SCR500.

6.      Are you making an insurance premium payment? Enter the policy number of your insurance.

7.      Are you making a rent payment? Enter your full name.

If you are not a client of MCB, please consult our website to identify other payment options.