You could be eligible for a loan of up to GHS2200. National Service Personnel can now apply for the NSS loan via a Direct Loan in 2022, which is a simple process.
All loan amounts will be deposited into your mobile money account in Ghana Cedis, at a monthly interest rate of 6.5 percent. The interest charged on the loan, however, is compounded and may be reduced if the repayment plan is completed in a short period of time.
Code to Apply for NSS Loan
The code for applying for an NSS loan is 3961# valid on any mobile money network service.
Luckily NSS personnel don’t really need much to apply for a Direct Loan. Here are a few things compiled by Pcstartup you need to successfully apply for NSS Loan;
- NSS number
- Working E-Zwitch
Steps To Apply for NSS Loan
Step 1: Dial *396*1# to apply for the direct service loan.
Step 2: Choose option 1 to select institution “Request Loan” or “Yes” if you already started the process but could not continue at some point.
Step 3: Press 1 to select NSS from the popup menu.
Step 4: Enter your NSS number here. When you enter your NSS number, your NSS information appears, including your full name, date of birth, NSS number, and Ezwich number.
Step 5: To obtain your loan, click 1 to Accept.
Step 6: After accepting the loan, you will get a Pin by SMS, and you will need to redial the short number *396*1# to proceed.
Step 7: For verification, enter the four-digit pin issued to you by SMS.
Step 8: After you’ve successfully entered the pin, create your own personal PIN. You’ll be asked to create your own pin.
Step 9: To obtain an NSS loan through Direct Savings and Loans Ltd, dial *396*1# again and repeat steps 1 & 2.
Step 10: Specify the purpose for the loan request.
Step 11: Enter an amount that is between the specified loan amount for you.
Step 12: Select your Loan repayment (Number of months to pay back).
Alternatively, personnel can also apply by calling 0302743300 or WhatsApp 0577619776.
How to Repay your NSS Loan
The loan amount would automatically be deducted from one’s Ezwich by the National service scheme on a monthly basis plus interest.
