Terms & Conditions

Last Updated: July 29, 2026

1. Acceptance of Terms

By using our website, registering as a member, or accessing any of our services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions, our Privacy Policy, and any additional terms that may apply to specific services.

2. Membership

2.1 Eligibility

Membership is open to individuals who are at least 18 years of age, have the legal capacity to enter into binding agreements, and meet the eligibility criteria as outlined in our membership policy.

2.2 Registration

All information provided during registration must be accurate, complete, and current. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.

2.3 Termination

The Cooperative reserves the right to suspend or terminate membership in accordance with its by-laws and policies, including but not limited to violation of these terms, fraudulent activity, or conduct that brings the Cooperative into disrepute.

3. Savings Programmes

3.1 Plan Selection

Members may select from available savings plans as described on our website. Each plan has specific terms regarding contribution frequency, duration, and returns. By enrolling in a plan, you agree to its specific terms.

3.2 Contributions

Members are required to make contributions in accordance with their selected plan's schedule. Failure to meet contribution obligations may affect returns and membership standing.

3.3 Returns

Returns on savings are calculated as specified in each plan's terms. Returns are subject to the Cooperative's financial performance and may be adjusted as determined by the Board of Directors.

4. Use of Website

4.1 Permitted Use

You agree to use our website only for lawful purposes and in a manner that does not infringe the rights of, or restrict or inhibit the use and enjoyment of, this site by any third party.

4.2 Prohibited Activities

You shall not:

• Use the website for any fraudulent or unlawful purpose
• Attempt to gain unauthorised access to any part of the website or its systems
• Interfere with the proper functioning of the website
• Transmit any viruses, malware, or harmful code
• Collect or harvest personal information of other users
• Reproduce, distribute, or modify content without authorisation

5. Intellectual Property

All content, materials, logos, trademarks, and intellectual property displayed on this website are the property of Urban Multipurpose Cooperative Society Limited or its licensors. You may not use, reproduce, distribute, or modify any content without prior written consent.

6. Limitation of Liability

The Cooperative shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of your access to, use of, or inability to use our website or services. This limitation applies to the fullest extent permitted by law.

7. Disclaimer of Warranties

Our website and services are provided on an "as is" and "as available" basis without warranties of any kind, either express or implied. We do not guarantee that the website will be uninterrupted, error-free, secure, or free from viruses or other harmful components.

8. Indemnification

You agree to indemnify, defend, and hold harmless Urban Multipurpose Cooperative Society Limited, its directors, officers, employees, and agents from any claims, liabilities, damages, losses, or expenses arising out of your use of the website, violation of these terms, or infringement of any rights.

9. Modifications to Terms

We reserve the right to modify these Terms and Conditions at any time. Changes will be effective immediately upon posting on our website. Your continued use of the website after any modifications indicates your acceptance of the updated terms.

10. Governing Law

These Terms and Conditions shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria. Any disputes arising under these terms shall be subject to the exclusive jurisdiction of the courts of Nigeria.

11. Contact Information

If you have any questions or concerns about these Terms and Conditions, please contact us: