ProvidingIt’s ready access to cash when you really need it!
BENEFITS
Save Money
Low-interest rate of 12% per annum on the reducing balance
No processing fees
No hidden charges
Access
Easy access to your overdraft by cheque, ATM or over the counter
Flexible
Up to five (5) years to repay
Repayment can be extended when you apply for a loan to build or buy a home
Purchase furniture, equipment, appliances, personal computers, clothing, books. Pay for school expenses, weddings, funerals, maternity, taxes, legal fees and investments. Meet the costs of special items and occasions
Convenience
Ready cash for when you really need it
Peace of Mind
Protection at any time against overdrawing your chequing account
Against having returned cheques because of insufficient funds
REQUIREMENTS
A minimum 5% of the total amount of the loan requested
Employed persons — most recent pay-slip or salary statement from your employer
Member Share based on the amount of loan
Self-employed persons — recent financial statements of business
Details of security being offered
Your NCCU passbook(s)
A valid photo identification (eg. Social Security card or passport or driver’s licence)