Medical Loans

We can help you take care of your medical needs when the going gets tough


Save Money

  • Interest rate of 11% per annum on the reducing balance
  • No loan processing fees 
  • No hidden charges
  • Medical expenses Loan of $25,000 (New request only) 
  • 6.5% per annum on the reducing balance

Peace of Mind

  • 100% financing


  • up to six (6) years to repay


  • Up to $150,000 in loan protection coverage at no cost 


  • A minimum of 5% of the total amount of loan requested
  • Letter/referral from a medical doctor
  • Member shares based on the amount of loan
  • Employed persons--most recent pay-slip or salary statement from your employer
  • Self-employed persons--recent financial statements of business 
  • Details of security being offered
  • Your NCCU passbook(s) 
  • valid photo identification (eg. Social Security card or passport or driver's licence)
  • Details of your liabilities and commitments (other loans, hire purchase, household expenses) 
  • If the approved loan is $77,000 and upwards or you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection coverage 
  • Member Shares/Loans click here


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.