FAQs

Payment is made directly to our incorporated account below: 

Reliance Pro Multipurpose Ltd: Fidelity Bank (4110087925)

1. Firstly, pay 5k into our account for MIN and Byelaw and then visit our office with the proof of payment for those who don`t have android phones. 
2. For IT savvy members, go to the website and key in your details vie the MIN & Byelaw update link.
3. You wait for 48hours to get your MIN
4. You then proceed to pay for your preferred membership yearly fees and follow step 1 & 2 above to key in your details via your preferred membership update link.

You don’t need any online account. After payments, take deposit slip (proof of payment) to the cooperative office, where our staff will assist you key in your details. For those that are IT savvy, just go to our website and key in your details directly.

A confirmation text will be sent to either your phone or E-mail address, depending on the channel of communication chosen by our members.

1. All members MUST have Membership Identification Number (MIN), at a cost of N4, 000 and Bye laws at N1, 000 respectively.  Changes to this amount shall be determined by the board where necessary. 
2. All members who subscribe, receives a financial support to aid his/her business.
3. Membership category is tied to what benefit expected from the cooperative to members.

1. Members under Bronze can access up to 200k @ 20% flat interest rate for six months.
2. Members under Silver can access up to 500k @ 20% flat interest rate for six months.
3. Members under Gold can access up to 1M @ 20% flat interest rate for six months.
4. Members under Platinum can access up to 2M @ 20% flat interest rate for six months.
5. Members to pay N5, 000 loan processing fees (one off payment on each loan cycle).

1. Members to pay N5, 000 Asset finance processing fees (one off payment on each cycle).
2. 20% interest rate SHALL apply to all categories of asset finance @ 8 months.
3. All amount financed shall be paid directly to vendor`s account. Members can only buy from approved vendors of the cooperative Society. This will be communicated to members.

1. Members under Bronze can access up to 200k with single slot of N25, 000 and introduction of mandatory two new members (either on same level or above) within 30 days from date of payment of the two members under such member. ( maximum of 4 slots )
2. Members under Silver can access up to 500k with single slot of N25, 000 and introduction of mandatory two new members (either on same level or above) within 30 days from date of payment of the two members under such member. ( maximum of 10 slots )
3. Members under Gold can access up to 2m with single slot of N25, 000 and introduction of mandatory two new members (either on same level or above) within 30 days from date of payment of the two members under such member. (maximum of  40 slots )
4. Members under Platinum can access up to 4m with single slot of N25, 000 and introduction of mandatory two new members (either on same level or above) within 30 days from date of payment of the two members under such member.(maximum of  80 slots )
5. A period of eight months is approved for loans and asset finance under Agricultural sector.

The Cooperative Office SHALL open for business Monday to Friday from 8am to 4pm on each day, except duly declared public holidays by the government.

Yes, but such payments will be captured by next working day of the week. However, ensure you make payment with your names for ease of reference.  Payment made using third party (POS, ATM) names is NOT allowed.

We can be reached via mobile: 09064815388, 08085173015 and mail: info@barnawareliance.com