Our FAQs Are A Great Place To Find Answers Quickly.
NCCM is a platform to create wealth and help catalyze it members' financial dreams.
How do I register as a member of NCCM Society?
To become a member in NCCM is pretty straight forward. Make a one-time registration fee payment of N5000 from this link and fill the registration form. That's it!
How much do I need to contribute every month?
You are required to make a minimum contribution of N5000 into your co-operative account monthly. You can do this via the NCCM web app or via a direct transfer to the co-operative account.
How can I apply for a loan?
You must have consistently made monthly contributions of not less than N5000 for at least 6 months before you can apply for a loan. You will also need two co-operators to stand in as guarantors for you to apply for loan.
What is the interest rate for loans?
We have 3 different loan products with different tenure and interest rates.
Regular Loan @ 10% interest rate for 12 months tenure.
Soft Loan @ 5% interest rate for 6 months tenure.
Emergency Loan @ 3% interest rate for 3 months tenure.
