1:1 Loan Package (L1) – Fast and Fully Secured
This is our most straightforward loan, where your borrowing is fully secured by your existing savings.
- Borrowing Power: Up to 100% of your current savings balance (e.g., K1000 in savings = K1000 loan)
- The Advantage: Our fastest processing time-get your funds in just 24 hours!
- Best For: Immediate cash needs without dipping into your actual savings.
1:2 Loan Package (L2)– Double Your Potential
Available to members whose employers have signed a special agreement with NSLS.
- Borrowing Power: Borrow up to twice the amount of your savings (e.g., K1000 in savings = K2000 loan).
- Eligibility: Must be an NSLS Member for over 1 year and with your current employer for over 3 years.
- Processing: Quick 48-hour turnaround.
download the 1:2 form here
Note: Application must be submitted at your nearest branch
1:5 Loan Package (L3) – Value & Quality of Life
Our most powerful loan product designed to help you reach major life milestones.
- Borrowing Power: Borrow up to five times your savings balance based on your eligibility.
- Eligibility: Requires at least 12 months of consecutive membership/savings and employment with a participating 1:5 Employer Group.
- Processing: 72-hour loan processing time.
download the 1:5 loan form here
Note: Application must be submitted at your nearest branch
