Character Loans
Start building your credit rating with your first loan

At NCCU, we recognize members who meet their loan repayment terms and reward them with character loans.

Get up to $10,000 above your Savings, Deposits, Fixed Deposits and Member Retirement Account on your signature only with no additional security.


  • Low interest at 11% per annum on the reducing balance
  • Use funds for a provident or productive loan 
  • Loan protection coverage up to $150,000 is provided at no direct cost to you
  • No loan processing fees, no hidden charges
  • Use our CUCall telephone service to monitor your loan, at no direct cost to you 


To process your character loan, all we will need is:

  • Your most recent pay-slip 
  • Invoices/documentation to support loan request (for loans of $5,000 and above)
Additional Information:


All loans are subject to NCCU’s Loan Policies and approval procedures

To find out details on what can be used as security click here.