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.
Cash Secured Loan
TCCU Cash Secured Loan
Borrow against your savings while keeping them intact. Enjoy lower interest rates, fast approvals, and flexible repayment options. It’s a smart way to access funds without dipping into your deposits. Secure your loan today—while your savings keep growing.
What You Can Use It For
Cover urgent personal expenses
Fund school fees, travel, or small business needs
Finance home improvements or appliance purchases
Act as a credit builder or re-entry product
Keep your savings untouched while still accessing funds
Loan Features
Loan Amount
Up to 100% of your savings or fixed deposit value
Loan Term
Up to 5 years
Interest Rate
Significantly lower than unsecured loan rates
Repayment
Fixed monthly payments; early repayment allowed without penalty
Savings Status
Your savings remain intact and continue to earn interest during the loan term
Fast Disbursement
Same-day approval and payout in most cases
Required Documents
Valid Government-issued ID (National ID, Passport, or Driver’s Licence)
TRN (Tax Registration Number)
Proof of Address (e.g., utility bill or JP letter)
Completed Loan Application Form
Statement of Purpose (how the loan will be used)
Source of collateral (TCCU savings account, partner plan, or fixed deposit certificate)
Security Details
Your pledged savings are placed on hold (as collateral) for the duration of the loan
Once loan is repaid, full access to your funds is restored
No guarantor required
Why Choose TCCU Cash Secured Loans?
Lower interest = less cost to borrow
No impact on your savings growth
Great for building or repairing credit
Ideal for members who want financial flexibility without liquidating investments
Trusted support and guidance from your TCCU loan officer
TCCU Loan Products Comparison Table
|
Loan Type
|
Collateral Required
|
Typical Use Cases
|
Loan Amount
|
Interest Rate
|
Repayment Term
|
Key Benefits
|
|---|---|---|---|---|---|---|
|
Unsecured Loan
|
No
|
School fees, home repairs, medical bills, personal expenses
|
$30,000 – $1,000,000
|
Competitiv e fixed rate
|
Up to 3 years
|
No collateral required, fast approval, flexible repayment terms
|
|
Cash Secured Loan
|
Yes (TCCU savings or fixed deposit)
|
Any purpose while preserving your savings
|
Up to 100% of savings value
|
Lower than unsecured loan rate
|
Up to 5 years
|
Funds remain in your savings, lower interest, same-day processing
|
|
Mortgage Loan
|
Yes (Property being financed)
|
Home purchase, land acquisition, home construction
|
Based on property value
|
Competitiv e long-term rates
|
Up to 25 years
|
Long repayment term, construction stage disbursement, personalized guidance
|
|
Auto Loan
|
Yes (Vehicle as collateral)
|
New or used vehicle purchase
|
Based on vehicle invoice
|
Competitive
|
5 years (used), 8 years (new)
|
Up to 100% financing, preapproval, insurance assistance
|
|
Unsecured Farmers Loan
|
No
|
Seeds, fertilizers, labour, short-term farm expenses
|
$30,000 – $500,000
|
Affordable unsecured rate
|
Up to 3 years
|
No collateral required, fast access to funding, designed for smallholder farms
|
|
Secured Farmers Loan
|
Yes (Savings or physical assets)
|
Crop expansion, irrigation, livestock, equipment
|
Based on collateral value
|
Lower rate for secured loans
|
Up to 7 years
|
Seasonal repayment options, collateral-backed, scalable farming support
|
