Our Portfolio

Correctionals (Barrack) Empowerment Programme (CEP)

Special consideration for women — PEP got them covered.

About PEP

A special group loan scheme of women and female customers of the bank. It provides opportunity for spouse/relative of officers of Nigerian Correctional Service to exhibit their potential and enjoy financial stability in businesses. Customers are encouraged to independently for themselves into a group of five to twenty members of access business empowerment micro loan under PEP. Repayment is weekly for 24 weeks and interest is 3% per month.

Group size: 5 – 20 members
Repayment: Weekly, 24 weeks
Interest: 3% per month

Eligibility and Procedures

01Open individual current account with 2000.00.
02Open group saving account, minimum of 1000.00.
03Members must have a special skill that is economically viable.
04Members must present a serving prisons officer who must be ready to stand as guarantor.
05Each group must choose independent group name.
06Group must have two (2) nominated leaders i.e Chairperson or secretary.
07Each group must have time, place and day of weekly meeting.

We are committed to you

Our professionalism is second to none.

Apply / Make Enquiry

Our Services

We have put together products and services tailored to soothe your needs.

PEP

Online Transactions

With our view on partnering with some of the world service providers in online banking, we hope to revolutionize banking at the microfinance level. Watch this place!

Fees and charges

Competitive! That's the best word to define our fees and charges. Kindly walk in to discuss with us on your expectations

Financial Services

Our financial services ranges from the conventional banking products; Savings, Current and Fixed deposit account to some tailor-made products- PEP, Triple D, Esusu, etc

Loan Request

This is open to all salary earners. It comes in two forms – Short term and medium term Finance. Short term is available to all personal current account holders but maximum tenure for repayment 6 month while Medium term customer loan is available to all our customers who have domiciled their salary accounts with Nigerian Correctional Service Microfinance Bank Ltd (NCoS MFB Ltd)

I want to save or invest

Interest on our investment opportunities is mouth-watering. We plan carefully to build your confidence and ensure that every steps we take with you is result-driven.