TCCU | Funeral Loan

Savings | Open Account | Vission

TCCU Funeral Loan Product


Funeral loan is short term loan given to qualified members and is payable within one month at the rate of 2.5% of the principal loan. Funeral loan is a fast track loans designed to provide quick fund for funeral expenses.


Offer Details:

This product cover costs such as burial or cremation, day-of services, and headstones.

  • The account is operated by the parent or guardian. However, after the beneficiary attains the age of 18 years, the account shall be transferred into child’s preferred TCCU account.
  • Parent can use savings in the account to apply for a loan ro pay the school fees of the beneficiary
  • Account can be upgraded to Normal Savings Account when the beneficiary is 18 years
  • Children from day one until they are 18 years
  • Birth certificate, identity card, weighing card or baptismal card of the child is accepted.
  • One (1) current passport picture of the child.
  • 2 (two) current passport-size pictures of the Trustee.
  • Identification of Parent or Guardian e.g. Passport, Drivers Licence, NHIS Card, Voters ID Card.
  • Two copies of Child’s Passport pictures
  • Proof of residential address (Water or Electricity bill in the name of the parent/ guardian or attach a tenancy agreement when the name on the bill is not the same name as the parent/guardian.
  • An initial deposit of GHS20.00.
  • Minimum account balance is GH¢20.00.
  • Minimum monthly deposit of GHS5.00 (Standing Order, preferred).
    • Complete TCCU’s Standing Order Form (Existing members) or submit proof of a standing order from a different bank (Non Account Holders).
  • Minimum balance to earn interest is GH¢200.00 and above.