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PO Box 1300, Waterfront Konedobu

Papua New Guinea

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Air Niugini

Savings & Loan Society

PRODUCTS & SERVICES

S1 Savings Account.png

Personal Savings Account S1

  • Minimum fortnightly contribution of K5.00 

  • Compulsory Savings Account

  • No withdrawals permitted

  • Interest rate of 2% paid annually to account

S4 Savings Account.png
S2 Savings Account.png

On Call Savings Account S2

  • Minimum fortnightly contribution of K10.00 

  • Optional Savings Account

  • Transactional Account 

  • Minimum Account balance of K50.00

  • Interest rate of 1.5% paid annually to account 

S5 Savings Account.png
S3 Savings Account.png

Christmas Savings Account S3

  • Minimum fortnightly contribution of K10.00

  • Optional Savings Account used as security to loans

  • Withdrawals permitted in November & December

  • Interest rate of 2% paid annually to account

  • Minimum Account balance of K50.00

S6 Savings Account.png

School Fee Savings Account S4

Life & Medical Account S5

Pikinini Savings Account S6

  • Minimum fortnightly contribution of K10.00

  • Optional Savings Account used as security to loans

  • Withdrawals permitted and payment directly to educational institutes

  • Interest rate of 2.75% paid annually to account

S7 Housing Savings.png
  • Minimum fortnightly contribution of K36.00 

  • Provides Life & Medical cover

  • No withdrawals permitted

  • Premium paid direct to Insurer

L1 Personal Loans.png
  • Minimum fortnightly contribution of K5.00

  • Optional Savings Account

  • Open only during parents membership term

  • Interest rate of 1.5% paid annually to account

I3 Term Deposit.png

Housing Savings Account S7

Loans

Fixed Term Deposit Rates

  • Minimum fortnightly contribution of K10.00

  • Optional Savings Account

  • Withdrawals permitted and paid directly to supplier or housing and building materials

  • Interest rate of 3% paid annually to account

  • 12% per annum. Interest rate is charged at 1% per calendar month on the unpaid or reducing balance of the existing loan.

  • Members can generally borrow against their savings (ratio 1:1.5) whilst School Fees, Medical and Emergency loans can be considered on unsecured basis (ratio of 1:2). 

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Air Niugini Savings & Loan Society

Level 3, Ori Lavi Building,

Boroko Port Moresby

PO Box 5433, Boroko, NCD

Phone: +(675) 325 9229 or +(675) 325 4934

Email: enquiry@angsl.com.pg

© Air Niugini Savings & Loan Society 2018

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