Loan’s offered by NCSL are secured and affordable with repayments made easy. Every loan obtained from NCSL is charged at 1% per month on the reducing balance and can be comfortably repaid over a term of 1-60 months as the maximum.
NCSL offers loans based on a member’s available savings and can lend from a minimum of K200.00. Per our Lending Guidelines, there is no maximum as this depends on a member’s savings balance.
We offer loans based on 1:1 and 1:2 basis as approved by the Bank of Papua New Guinea who is also the Registrar of Savings & Loan Societies.
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