Tyre and Car Battery Laybuy Service

Tyre and Car Battery Lay buy
Service
Objective:
Provide a flexible savings plan for tyres and car batteries, enabling clients to save monthly and claim for products or services when needed.
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Service Overview
• Tyre Lay buy: Clients can save from R89/month per tyre.
• Car Battery Lay buy: Clients can save from R50/month.
• Claim Window: Clients can claim after 6 months for tyres or batteries as long as they have contributed a portion of the product cost.
• Emergency Aid: Offers partial aid for fuel and wheel alignment.
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Key Features
1. Flexible Contributions:
o Minimum R89/month per tyre.
o Minimum R50/month for car battery.
o Clients can adjust their monthly contributions.
2. Claim Process:
o Tyre Claim:
 After 6 months, clients can claim for a tyre proportional to their contributions.
 Example: If the tyre costs R1500, and the client has contributed R1068 in 6 months, they will pay the balance of R432.
o Battery Claim:
 Claims follow the same principle based on accumulated savings.
3. Emergency Aid:
o Fuel Aid: 10L fuel deposit to client’s NuCard account during emergencies.
o Wheel Alignment: 20% of the cost covered; balance paid by the client.
4. Incentives:
o Clients who don’t claim for emergencies or products within 12 months receive a 10% bonus of their total contributions, deposited into their NuCard account.
o Remaining funds are rolled over to the next 12-month cycle.