Leading Alternative Agriculture,
Sustainable Development
and Microfinancing
OUR SERVICES
NENDAH FARMS
NENDAH DEVELOPMENT UNION(NDU)
NENDAH MACHINERY
NENDAH DELIVERIES
NENDAH FOUNDATION
NENDAH INFORMATION CENTER
Nendah development cooperative credit union
Nendah development cooperative credit union is a micro banking system which offers different types of financial services to our members and customers all over the world to enable them reach their potential. We have multiple branches to provide different services such as loans, wire transfers, long term deposit, savings and some other related services
NDUCCUL SERVICES
Nendah Development Cooperative Credit Union
Shares
They are compulsory for every member of the credit Union and all members have equal shares. With this account, you are automatically a member of the credit union and gives members the right to be elected to represent and participate in the BOD meetings and decision making.
Savings Account
This account at NDUCCUL yields interest at the end of the year and serves as a primary requirement to obtain loans.
Deposit account
It is where daily withdrawals can be carried out by members. It is also called the current account
Loan account
NDUCCUL operates the loan account as an overdraft and contract financing. A loan is backed by a surety or with a financial collateral which is fixed.
Minor account
These accounts are created for minors or students who are willing to meet up with the requirements of the union with guidance from their parents
Group account
This account is created for a group of people, an association or an establishment to ease their financial transactions