Government Employee Loan

Special Loan package is designed to address the short to medium term financing needs of public sector employees. It is flexible and convenient and one needs not be an accountholder to access this facility!


  • Repayment period is (6 months) minimum and (36 months) Maximum
  • Debt burden ratio is 45% (maximum) of net monthly income
  • Pricing: CalBank Cedi Base Rate + 5% margin
  • Personal insurance cover against death and permanent disability during the tenor of the loan.
  • Repayment method: Annuity
  • Affordable: More loans can be accessed in addition to running ones if only customers do not exceed maximum debt burden ratio.
  • Interest is charged monthly
  • Early repayment without penalty
  • No Monthly account keeping service charges
  • Minimum facility limit is GH¢2,000.00
  • Maximum facility limit is GH¢ 100,000.00
  • Target market is government employees on Accountant General’s payroll
  • Source of repayment: Client’s salary
  • A completed Application Form
  • One Passport Sized Picture
  • Proof of Address
  • Personal Identification – Passport, Voter’s ID Card, Drivers’ License
  • Introductory letter from employer
  • Copy of 3 previous months’ pay slips.