PRODUCTS AND SERVICES
KOMCCUL offers the following services:
1MEMBERSHIP
2SAVINGS
3GROUPS / ENTERPRISE / COMPANY ACCOUNT
4Fixed / Term Deposit`
Membership is open to individuals and groups. You can become a member of KOMCCUL by opening your account with 77.500FCFA.
Note that of this 77.500FCfa, 50.000Fcfa are your shares which stay in your account and works you dividend every year end. These shares can only be withdrawn upon closure of account
This is what members keep aside from time to time in their account with the union.
These savings act like investment to members as it generates interest and/or dividend.
These savings are the first guarantee for loans. To withdraw savings, members notify the union. In case of withdrawal without notification, member pays a withdrawal charge calculated on the amount withdrawn.
- Groups such as Njangis and meetings can open an account at KOMCCUL. They can save in this account and even play their njangi through the account.
-Enterprises and companies can open account at KOMCCUL. This account can be used to pay workers salaries and many other transactions can be carried out there as well
Here a member can keep a certain amount for a fix period of one year or more to work 4% interest annually.
Loans
A member of KOMCCUL with a good project can benefit from the loan facility. It should be noted that the interest charge on loan is minimal.
1Loan within member shares and savings
2