| Loan Type | Borrowing Limit | Interest Rate (Per Annum) | Best For |
|---|---|---|---|
| 1:1 | Equal to your savings balance | 14% | Members who want to borrow responsibly based on their savings |
| 1:2 | Up to twice your savings balance | 20% | Members needing a higher loan amount with manageable repayment terms |
| 1:5 | Up to five times your savings | 26% | Members with strong savings history and employer support, seeking larger loans |
In today’s uncertain financial climate, having access to reliable support matters more than ever. That’s why NCSL Savings & Loan Society is helping Papua New Guineans take control of their financial future — not just through borrowing, but through smart, consistent saving.
At NCSL, we believe your savings are your strength. The more you save, the more you can borrow — giving you access to affordable loans for personal, business, or customary needs. It’s simple and that’s helping thousands of members turn everyday savings into real opportunities. Preparing for family obligations? NCSL’s loan products are designed to support your goals and they’re easier to access
when you’ve built a strong savings history.
Through workplace visits and community outreach, we’re showing Papua New Guineans how saving regularly not only boosts loan eligibility but also builds long-term financial resilience. And with digital tools like Mobile USSD (*628#), MyNCSL Member Online and App, saving and borrowing is now just a few taps away.
Not a member yet? Join NCSL today and start your journey toward financial freedom. When you save more, you’re unlocking more borrowing power and building a stronger future for yourself and your family. Save smart. Borrow better. Grow stronger with NCSL.
