In today’s fast-paced economy, financial decisions are no longer just about convenience—they’re about
strategy. Whether you’re saving to support family needs, or planning for the future, where you choose to
save or borrow can significantly impact your financial wellbeing.
At NCSL Savings and Loan Society, we believe that saving is more than just setting money aside. It’s
about creating options, building financial security, and preparing for what’s next. As a member-owned,
not-for-profit institution, NCSL is proud to be at the forefront of cultivating a savings culture across
Papua New Guinea’s workforce. Through strong partnerships with employers nationwide, we’re making
saving a practical and empowering habit.
What sets NCSL apart is our unwavering commitment to our members. Every product and service we offer
is designed with real people in mind tailored to meet genuine needs, not just financial targets. From
savings accounts to secured personal loans, our focus is not on profit, but on delivering accessible,
affordable, and meaningful financial solutions.
Thoughtful Lending Begins with Informed Choices. Before deciding where to save or borrow, it’s essential
to compare interest rates. Taking a few extra minutes to understand what different institutions offer could
save you hundreds—if not thousands of Kina over time.
At NCSL, we offer some of the most competitive rates in the market:
Savings Products:
• 6% interest per annum on Christmas and Kids Savings Accounts
• 3% interest per annum on Education Savings Accounts
• 1.75% interest per annum on General Savings Accounts
Loan Products:
• 14% interest per annum for savings-secured 1:1 personal loans
• 20% to 26% interest per annum for higher-ratio loans (1:2 and 1:5)
These rates reflect our commitment to responsible lending—ensuring that borrowing remains manageable
and aligned with our members’ financial wellbeing.
Digital Access through our MyNCSL digital platform, members can access their savings accounts,
transfer funds, and apply for loans anytime, anywhere whether via the mobile app or our website. It’s
financial empowerment at your fingertips. At NCSL, we don’t just offer financial products—we
offer membership with purpose. A membership that listens, adapts, and puts people first. So, before you
make your next financial move, ask yourself: Is my financial institution working for me?
Make the smarter choice. Join us by becoming a member and you will experience that we care about you
and your family throughout your financial journey.