Contact Us

Personal Loan

At AMGECU we offer a variety of short and long term credit facilities to meet our members financial goals. Up to two and half times the amount of Shares for members .  Your Credit union Shares are usually held as collateral.

Our Interest Rate on Personal Loans are as follows:-

0.75 % per month Secured.

 1% – 1.25 % per month Unsecured.

Interest rates for Personal Loans are on the reducing balance. All loans are subject to normal lending criteria:

  • Proper documentation required:
    • Recent Payslip
    • Recent Job Letter addressed to AMGECU
    • Two (2) Valid forms of ID ( issued by the Government of Trinidad and Tobago)
    • Recent Utility Bill ( Land Line only if telephone bill is submitted ) or Bank Statement in the name of the member ( Not Older than 3 months ) if utility bill is not in the name of the member a letter of authorization would be required
    • Two References (information for (1) family member  and (1) close friend -name,proper home address, contact number(s),name of employer & job title)
    • Evidence to support the purpose of the loan
  • Must be a member in good standing
  • Must be a member for 6 months if applying for a loan over shares.

Term Maximum for our Personal Loans is 7 years.

APPLY