By Himmat Shaligram, Port Moresby, NCD
The introduction of the NCSL Member Online Portal has enabled members to view their savings and loan balances, apply for instant savings withdrawals and loans, transfer funds and many other useful functions for members’ convenience.
Members are now experiencing swift online processing of loan requests via the online platform. NCSL encourages all its members to submit applications via the online service for quicker processing. Withdrawal and loan applications can now be processed with minimum paperwork with a click of a button. The application process for 1:1 loans are now fully automated therefore the turn-around time is swift.
Lending Manager Mr Bernard Geita urges all members to utilise the online portal to apply for loans as it is more convenient and saves time to manually assess the applications.
“This is designed for convenience for our people,” said Geita.
He added that “1:2 loan applications will need to undergo screening and assessment for verification before the application is approved. Once members apply online, they have to confirm with their payroll officers for authorisation before following up with NCSL.”