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Maximize Savings with Confidence

Benefit from a remarkable 7% annual interest on your savings, paving the way for a secure financial future.

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Empowering Your Financial Goals

Welcome to Mining Petroleum Savings & Loans Society Limited, where members enjoy exclusive access to modern loan services and a robust online portal.

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Unlock Opportunities

Experience fast and efficient loan processing, ensuring swift financial solutions tailored to your needs.

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Go An Extra Mile With MPSL

We offer complete range of financial services including personal loans, general loans, savings accounts, term deposits, insurance and financial planning.

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About

Mining & Petroleum Savings & Loan Society Ltd

MPSL is a member-owned co-operative that has been operating since 1989, serving the needs of its members and their families Papua New Guinea wide. Registered under the Savings & Loan Societies (Amended) Act 2015, and Investment promotion Authority.

We offer a complete range of financial services including general loans, personal loans, savings accounts, term deposits, insurance and financial planning.

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Success Stories

Real people. Real success stories.

Being an MPSL member is more than just having access to our products and services. At MPSL, we help our people succeed.

Mr. Tuhmin Nereng is a loyal member with the Dry Weather through those years have left him without a choice and continuously cease and re-open. Being one of the member who their confidence was affected by the Dry Period and have continue to be a part of the Society.

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Mr. Flangal Manaleng has been a member with Mining and Petroleum Savings & Loans Limited (MPSL) for 33years going 34 Years as one of the first OTML Employees who signed up with MPSL.

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Mr. Pius Namelok is one of our oldest Members of Mining and Petroleum Savings & Loans Limited with up to 19 Years with us and who have gone miles with his savings and also relied heavily on MPSL for financial assistance when addressing School fees issues and Deaths in the family.

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Loan’s offered by MPSL are secured and affordable with repayments made easier. Every loan obtained from MPSL is charged at 1% per month on the reducing balance and can be comfortably repaid over a term of 1-36 months as per the member’s choice.

Housing Equity Loan
Housing Equity Loan product is designed in partnership with the commercial banks to funds its members the equity contribution to get a housing loan with the commercial banks.
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Housing Loan
Housing loan is designed to assist members who are looking to build their won houses, or are looking to purchase furniture’s and building materials to complete their house.
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General Loan
This is a compulsory lending ratio and savings is used as security. Under this loan product, a member can borrow the current savings balance that he/she have saved, or can borrow at 1:2 ratio.
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