NEWSLETTER Vol. 16
Applying Online for a Personal Loan or Credit Card
In keeping with our efforts to constantly develop innovative ways to serve you, our valued customers, we have implemented the NCB Online Personal Loan and Credit Card Application System. This system provides an avenue for the electronic submission of applications for personal loans (local currency only) and credit card products (both local and USD currency) via the NCB Website. We are proud to advise that NCB is the first and currently the only bank in Jamaica to offer this service! We are sure this new system will make your banking experience more convenient, as it will significantly reduce your wait time in branch, as well as improve the turnaround time on your credit requests. As such, while our traditional in-branch loan request option is still available, we encourage you to use this online facility. This issue of Be In The Know we will feature an overview of the steps to apply for a loan and/or credit card online.
Audrey Tugwell-Henry (Mrs.) Senior General Manager, Retail Banking Division
NCB e-Banking
NCB’ Online Personal Loan and Credit Card Application System provides you with yet another convenient channel to access your personal finance, with real time updates on the status of your application. You can access this system at any time from the comfort of your home or office. It is a web-based electronic application system that facilitates the processing of Personal Loans (JMD only) and Credit Cards (both local and foreign currency) via the NCB website, www.jncb.com.
PROCESS
• Once you log on to our website, you can access the
system by selecting the option “Apply online for a Personal loan” and/or “Apply online for a NCB Credit Card” under the “Quick Links” option. the monthly repayment amount for the loan once the loan details are entered; i.e. the full loan amount and borrower’s input. email notification will be sent to the applicant’s chosen NCB branch. • Subsequent to submitting the application, the system automatically saves, scores the application, and provides you with a real time conditional decision regarding your credit request (‘Conditionally Approved’ or ‘Conditionally Declined’). • The system also assigns a unique application number, which facilitates easy referencing of your credit request.
• The system is able to automatically calculate and display • An
• You may view your application at any time under the
‘Your Applications’ section of the Home Page, which facilitates real time tracking of the application status.
Applicants may only have one pending loan application in the system at any one time, but may have multiple credit card applications.
NCB In Your Area
St. Elizabeth
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Bull Bay, St. Andrew
The St. Vincent Strambi Catholic High School received funds to complete the construction of an IT lab. 300 students will utilize the lab in their bid to become more technology savvy and marketable when they leave school.
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Portland
The N.C.B. Foundation contributed to the renovation of the St. Tekle Haimanot Basic School in an initiative spearheaded by local media personality, Empress and the UNIA, in support of their campaign “Teach them well and they will excel”.
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Clarendon
Titchfield High School received over $1.5M in funding towards the improvement of their library and IT lab. An additional donation toward the expansion of the project, which will facilitate the purchase of computers and furniture for the school’s IT lab and library as well as the upgrade of the school’s infrastructure, is being explored.
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Fishermen from the Portland Bight area, located along the southern-most tip of the island, are the beneficiaries of an AIC Ltd $10M donation to the Caribbean Coastal Management (C-CAM) Foundation. The donation, which is administered by the N.C.B. Foundation, is being used to restore the livelihoods of fishermen from the Portland Bight area in the wake of the devastation caused by Hurricanes Ivan and Dean. Over 22,000 Jamaicans, many of whom are fishermen and families who are supported by our fishing industry, live in the area.
Know How Tips
from Maxine McKenzie Manager, NCB Port Antonio
1. Take advantage of our special offer and SAVE!
2. The email and phone number fields are not mandatory.
However, they are recommended as this will facilitate urgent contact with you if the need arises.
If you apply online between now and September 30, 2008, you will pay no commitment fees on loans and no membership fees on credit cards for the 1st year.
3. Ensure you have the correct documentation in place as
you will need to present these to substantiate the information previously provided to complete the credit application process.
Did You Know?
Once you have received a ‘Conditionally Approved’ response, a Credit Officer from your selected NCB branch will contact you within 2 business days to schedule an interview. However, if a ‘Conditionally Declined’ response is received, the system advises that you are required to contact a Credit Officer from your selected NCB branch for further details.