How to Apply for NSS Loan in Ghana will be discussed in this publication. The Knust Notice Board believes that the money allocated to personnel each month is insufficient and that you should seek more funds to help you get through the month.
As a National Service personnel, applying for a loan is not a bad idea. This is because most guardians believe they are finished after completing tertiary education, thus the rest is up to you. The situation worsens if you are not assigned to a location where you will be provided with free housing; in this instance, you will be required to pay for housing as well as purchase items such as a mattress and other essential necessities.
The main issue is that you are not assured to be paid at the end of the first month. It will be necessary to seek a loan if this occurs. As an NSP, getting a loan used to be difficult because you might not have met the conditions to apply for a loan from any bank.
You can apply for a loan ranging from GHS100 to GHS1,700 through NSS’s Direct Service Loan. This phase of the loan application is simple and may be completed on your phone. When you request for a loan through Direct Loan Service, the loan will be issued to your E-zwitch card, and NSS will debit money from your account on a monthly basis. There is no processing cost for Direct Service Loans.
Direct Service NSS Loan Requirements
In order to be qualified for a loan as National Service Personnel, you need to meet the following requirements.
- You need to be newly posted National Service Personnel.
- You have to be registered and validated National Sevice personnel.
- You have to be under the Subvented category. That is you have to be paid by NSS.
Interest Rate of NSS Direct Loan Service *396*1#
The interest rate for the NSS loan is 6.5% per month. Which is not huge as other banks or loan companies.
How to Apply for NSS Loan in Ghana
- Dial *396*1# on your phone.
- You will be provided with two options; NSS and YEA. Choose 1 for NSS.
- Enter your NSS number which will be in the form NSSGCC2015547. After entering your NSS number your personal details will be displayed on your screen, which includes; your name, date of birth NSS and E-zwitch number.
- Confirm by choosing 1.
- You will receive an SMS which comes with a verification code. Take note of the code and Dial the code 3961# again.
- Enter the pin and set up your own four digits pin.
- Dial the code 3961# again.
- Choose request loan.
- State the reason why you are requesting the loan. You can choose for medication, personal, accommodation etc.
- Enter the loan amount.
- Confirm your request and repayment plan.
NSS Direct Loan WhatsApp Number.
You can also request a loan using the WhatsApp line of Direct Loan Service. The WhatsApp number of Direct Loan is 0577619776
We wish you all the best as you follow the above steps on how to apply NSS loan to secure extra support.
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