As a member of the Ghana National Association of Teachers, you qualify for various types of loans facilitated by the association for its members.
Basic conditions for loans
- GNAT membership
- Six (6) months mutual Fund Contribution
- Affordability (i.e. ability to service loan)
- Total Contribution ≥ 10% of Loan Amount
- Monthly Contribution of 1% (of loan approved) thereafter
- Interest rate 16% per annum at reducing balance
| Personal Loan of up to GHC 25,000.00 | ||
|
DOCUMENTS REQUIRED |
QTY |
REMARKS |
|
Passport Pictures |
2 |
Current Passport Pictures |
|
Mandate Form |
2 |
Current with different mandate numbers |
|
Valid National ID |
2 |
Acceptable I.Ds are: Voters ID, Driving Licenses, NHIS, Passport and SSNIT Card |
|
Payslip |
2 |
Two months current payslip eg. March |
|
Loan Application Form |
1 |
Must be signed by applicant and Two DFC members |
|
Authority Note |
2 |
Must be signed by applicant |
|
Loan Advance Form |
1 |
Must be signed by District Secretary and endorsed by G.E.S Director |