Loan Products
TCCU offers flexible, affordable loans to fit your goals – whether you’re building a home, buying a car, growing your farm, or covering personal expenses. With competitive rates and fast approvals, we make borrowing simple and stress-free. Apply today and move forward with confidence.
Secured Farmers Loan
Grow More with a TCCU Secured Farmers Loan
Invest in your land, livestock, or equipment with confidence. Our secured farmers loan offers low interest rates, flexible repayment terms, and funding backed by your savings or assets. Whether it’s crop expansion or irrigation upgrades, we help your farm thrive.
What You Can Use It For
Purchase of seeds, fertilizers, tools, and equipment
Expansion of crop production or livestock rearing
Installation or upgrade of irrigation systems
Farm building repairs or construction
Purchase or lease of farm vehicles and machinery
Solar water pumps or other sustainable technologies
Loan Features
Financing
Based on the value of the collateral provided (up to 90% of pledged savings or asset value)
Loan Terms
Up to 7 years, depending on the purpose and repayment ability
Interest Rate
Reduced rates for secured loans
Disbursement
Lump sum or staged disbursement (e.g., for phased agricultural projects)
Repayment
Monthly or seasonal (customized to align with crop or livestock cycles)
Required Documents
Government-issued ID (National ID, Passport, or Driver’s Licence)
TRN (Tax Registration Number)
Proof of Address (e.g., utility bill or JP letter)
Proof of Income (e.g., recent bank statements or farm receipts)
Farm Business Plan or Statement of Purpose
Estimates/Quotations for equipment or supplies
Title or Lease Agreement for land (if applicable)
Collateral Documentation (savings account passbook, fixed deposit certificate, or liened asset)
Security/Collateral
TCCU savings or fixed deposit account
Farm machinery, titled land, or other approved agricultural assets
Co-makers or guarantors may be required depending on loan size and security
Why Choose TCCU
Tailored repayment options for seasonal cash flow
Local understanding of farmers’ needs and challenges
Dedicated loan officers familiar with agriculture
Fast processing, transparent fees, and community-based service
Support for both small-scale and commercial farmers
TCCU Loan Products Comparison Table
|
Loan Type
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Collateral Required
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Typical Use Cases
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Loan Amount
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Interest Rate
|
Repayment Term
|
Key Benefits
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|---|---|---|---|---|---|---|
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Unsecured Loan
|
No
|
School fees, home repairs, medical bills, personal expenses
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$30,000 – $1,000,000
|
Competitiv e fixed rate
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Up to 3 years
|
No collateral required, fast approval, flexible repayment terms
|
|
Cash Secured Loan
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Yes (TCCU savings or fixed deposit)
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Any purpose while preserving your savings
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Up to 100% of savings value
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Lower than unsecured loan rate
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Up to 5 years
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Funds remain in your savings, lower interest, same-day processing
|
|
Mortgage Loan
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Yes (Property being financed)
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Home purchase, land acquisition, home construction
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Based on property value
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Competitiv e long-term rates
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Up to 25 years
|
Long repayment term, construction stage disbursement, personalized guidance
|
|
Auto Loan
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Yes (Vehicle as collateral)
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New or used vehicle purchase
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Based on vehicle invoice
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Competitive
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5 years (used), 8 years (new)
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Up to 100% financing, preapproval, insurance assistance
|
|
Unsecured Farmers Loan
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No
|
Seeds, fertilizers, labour, short-term farm expenses
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$30,000 – $500,000
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Affordable unsecured rate
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Up to 3 years
|
No collateral required, fast access to funding, designed for smallholder farms
|
|
Secured Farmers Loan
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Yes (Savings or physical assets)
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Crop expansion, irrigation, livestock, equipment
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Based on collateral value
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Lower rate for secured loans
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Up to 7 years
|
Seasonal repayment options, collateral-backed, scalable farming support
|
