NIB Plus Loan (Scheme Loan)

  • This loan is given to reputable institutions for their employees.
  • It enables these institutions free up working capital that would otherwise be tied up in loans to members of staff.
  • The employees need not have accounts with the bank. Their employer will be responsible for the deductions of repayment amounts for onward transfer to NIB, at the end of each month.
  • Maximum Tenor is 48 months
  • Maximum amount is GH¢1,000,000.00 (negotiable)
  • Interest Rate is 30+% (Negotiable)


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