Personal Loans


This is a facility made available to registered members who have the unique Teachers Fund Identification number to enable them resolve their short term financial needs. These needs could include payment of rent advance, school fees and other personal expenses. The ceiling on the loan facility has been increased from  GH¢10,000 to GH¢12,000 . The loan is payable over a maximum period of Forty Eight months (4years).   The exact loan amount granted is however tied to the applicant's repayment capabilities which is indicated by how much deduction is permissible on his/her pay slip. A member is expected to fulfill the following requirements in order to be able to successfully access the loan facility.


  • Complete a personal loan application form from district gnat office.

  • Photocopy of National I.D card must be provided

  •  Two (2) different Mandate forms with different mandate serial numbers must be provided.

  •  Two (2) separate authority note must be provided.

  •   One (1) deduction loan form must be provided.

  •  Total contribution of member should be 10% of loan amount.

  •  Basic monthly contribution is GH₵30.00.

  •  Monthly contribution must be 1% of loan amount.

  •  Maximum threshold for personal loan has been from GH¢10,000 to GH¢12,000 .

  •  Maximum repayment period for personal loan is 48 months (4 years)

  •  Pay slip must be able to support loan amount and repayment period.