General Savings

Your journey to smarter saving starts here

At NCSL, we believe in making saving simple, accessible, and rewarding for all our members. Our range of tailored savings options is designed to help you plan for life’s important moments — whether it’s building financial security, preparing for your child’s education, or enjoying a stress-free Christmas. With flexible contributions, competitive returns, and easy access through digital services, NCSL savings accounts offer the financial freedom and peace of mind you deserve. Primary Savings Account for all purposes. 

Grow your savings with ease and flexibility. Make regular contributions through payroll deductions or deposits and access your funds whenever you need them. 

  • Savings can be accessed once a month.  
  • Withdrawn funds are transferred to the Poro account for easy and convenient access by using your Poro Card. 
  • Minimum withdrawal amount of K200.00. 
  • K20.00 minimum fortnightly contribution. 
  • No Monthly account keeping fee is charged.

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  •  Competitive interest rates. 
  • Savings can be used as collateral to apply for loans. 
  • Instant transfer of funds into Poro Account, depending on funds availability. 
  • Free issue of Membership ID card for access to exclusive discounts from selected retail outlets.  
Features
  • Savings can be accessed once a month. 
  • Withdrawn funds are transferred to the Poro account for easy and convenient access by using your Poro Card. 
  • Minimum withdrawal amount of K200.00. 
  • K20.00 minimum fortnightly contribution. 
  • No Monthly account keeping fee is charged. 
Benefits
  • Competitive interest rates. 
  • Savings can be used as collateral to apply for loans. 
  • Instant transfer of funds into Poro Account, depending on funds availability. 
  • Free issue of Membership ID card for access to exclusive discounts from selected retail outlets.  
Fees & charges

Refer to Fee List for full details and these are subject to change anytime.

How to Apply

To open a General Savings Account, you must first become a member.

  • Must be 18 years of age and above.
  • Must complete Member Application
  • Must provide two (2) forms of valid ID.
  • Submit the application online or at any NCSL branch near you, or email it to our Call Centre on
    callcentre@ncsl.com.pg
Frequently asked Questions
  • What is a General Savings account?
    Primary Savings Account for all purposes
  • What is the account opening fee?
    The fee to open a new General Savings account is K20.00
  • When can I access my General Savings account?
    You can access General Savings Account anytime but are limited to one (1) transfer per month to your Poro Account
  • Do I earn an interest on General Savings?
    Yes, refer to Fee List for full details and these are subject to change anytime.
  • How do I open a General Savings account?
    To open a General Savings account you will be required to complete the new Membership Applications form and submit it at any NCSL branches with a copy of your valid identification. You can email your applications to NCSL Call Centre Team on callcentre@ncsl.com.pg

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