Welcome to SMPCS Multi-Purpose Society
1k+
Satisfied Users
Satisfied Users
Customer Support
To enable members to obtain loans for necessary purposes at reasonable interest. To improve members economic power and spiritual upliftment by extension
We are dedicated to fostering a spirit of cooperation among our members, improving local, educational, and living standards, and supporting the growth of cooperative societies across Nigeria.
To strengthen members’ economic power and overall well-being.
With the wallet feature of our system, withdrawals can be made from your account with us to your other commercial bank account
Access the funds you need in just a few clicks. Our platform makes loan requests simple, fast, and hassle-free—no complex paperwork, no long queues. Apply, get approved, and enjoy instant disbursement, all from the comfort of your device.
Our secure and reliable platform enables you to transfer funds effortlessly, both within and beyond the SMPCS Loan System.
The OTP is a randomly generated code that is sent to your phone or email. You will need to enter this code in order to confirm.
The OTP is a randomly generated code that is sent to your phone or email. You will need to enter this code in order to confirm.
Digital Loan Solution Est. 1990
You are able to transfer your funds within the SMPCS or other banks we support by adding your beneficiaries
We have two deposit schemes for you, one is Deposit Pension Scheme and another one is the Fixed Deposit Receipt.
We have several plans to apply for a loan. You may apply to our loan plans by submitting some of your valid information.
Car Loan For 3 Years
Take Minimum
₦100,000.00
Take Maximum
₦2,000,000.00
Per Installment
3.37%
Installment Interval
30 Days
Total Installment
36
Car Loan For 2 Years
Take Minimum
₦100,000.00
Take Maximum
₦2,000,000.00
Per Installment
4.75%
Installment Interval
30 Days
Total Installment
24
Car Loan For 1 Year
Take Minimum
₦100,000.00
Take Maximum
₦2,000,000.00
Per Installment
8.92%
Installment Interval
30 Days
Total Installment
12
1
App provides repayment schedule with due dates. Users can repay via linked payment methods (bank transfer, card, mobile money). Notifications for upcoming or missed payments. Track loan status (Active, Paid, Overdue).
2
App evaluates eligibility using: Credit score/history (or internal scoring system). Income details or alternative data. Approved loan amount is credited to the user’s bank account or wallet.
3
User selects loan amount and repayment duration. System calculates interest and displays repayment schedule. User submits the application for approval.
User signs up using phone number, email, or social login. Profile includes personal details (name, address, ID verification, bank details). Optional: KYC (Know Your Customer) verification for compliance.