• K200.00 minimum loan
• Loans can be accessed multiple times within same month 
• Maximum loan is dependent on available savings
• Loan interest charged is 12% per annum
• Minimum loan repayment term is 1 month
• Maximum loan repayment terms is 60 months or 5 years
• Your savings is used as security and any transfer from savings to loan is subject to approval by NCSL Lending terms and conditions
• Online application available on Personal Online Services, Mobile Banking and BIS

• Secured loan
• Easily accessible
• Instant processing
• Instant access to funds

• Instant processing for loan amounts from K200.00 – K50, 000.00 
• 24 hours processing for loan amount exceeding over K50,000.00 
• For amounts over K50,000.00, processing timeframe exclude weekends and public holidays

• Free – Transfers between accounts
• Free – Statement requests
• K 2.50 – Savings Withdrawals to other commercial banks

We have 2 types of Employer Groups and categories our members into these groups. See Employer Groups provided and supply requirements accordingly. 

Employer Group 1 – Employed members 

• Completed application form signed by member and endorsed by employer 
• 3 recent pay slips 
• Bank statement (if first time applicant or new bank account) 
• Copy of identification card (if first time applicant) 
• Loans over K100,000.00 requires statement of financial position 
• Online application available on Personal Online Services 

Employer Group 2 – Self Employed 

• Completed application form signed by member 
• Bank account statement for 12 months for loans over K100, 000.00 
• Statement of Financial Position for loans over K100, 000.00 
• Valid ID 
• Online application available on Personal Online Services 

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

• What is a personal 1:1 loan? 
  A personal loan product that allows members to get a secured loan and can borrow up to the total current savings balance in the account
• What is the interest rate? 
  The 1:1 loan interest is 12 % per annum 
• How can I apply for a personal loan 1:1? 
  You can apply for a personal 1:1 loan by completing an online application using personal online services or mobile USSD services. You can also submit your  application at a branch near you
• What is the turnaround time? 
  Loan is processed instantly once approved and is credited to your Poro Account 
• Where can I go to get more information? 
  You can call into a NCSL branch near you to seek further information or call our Call Centre on 207 2000 and email callcentre@ncsl.com.pg