Secure up to five times your savings balance for major personal commitments. Flexible repayment terms and fast approvals to support your financial goals.
This loan type is accessible to members whose employers have agreed to NCSL’s terms of conditions under a Commitment Letter. The 1:5 ratio enables a member to borrow 5 times the current savings balance that he/ she has but is subjected to assessment by our Lending Team.
Before submitting your application check to see if your employer is registered for 1:5 loans.
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NCSL encourages members to submit online applications. Approved loans are deposited into the member’s Poro Account for accessing using Poro Card. If you do not have a Poro Card, inquire with our Call Centre on 207 2000.