Izweghana payroll loan is a service that provides loans for civil servants so that they can earn additional income from their perspective job without having to take a second job.
Izwe’s Payroll Loan for civil servants is available for those on full-time jobs.
This article will give you a run down of how to apply for an Izwe’s payroll loan for civil servants.
Without further ado, let’s get started!
What/Who is Izwe?
Izwe is a registered Finance company and subsidiary of the Izwe Africa Group, an international financial solutions group and private loan lender with its headquarters in Mauritius.
Izwe offers secured personal loans, payroll loans for government employees, SME loans, Fixed-term investments, savings, and transactional accounts for individuals and businesses.
izwe’s Payroll Loan Qualifications
With Izwe Ghana, it’s very easy to acquire a loan and once you qualify for a loan, your loan is disbursed to you in no time.
Izweghana qualification includes anyone permanently employed by:
- The Government of Ghana
- Ghana Police Services
- Ghana Army
- Ghana Revenue Authority
- The Kwame Nkrumah University of Science and Technology (KNUST)
What you need before applying for Izwe’s Payroll Loan
To apply for Izwe’s loan online, you’ll need the following to proceed with your loan application process:
- Your employee number
- Mandate number and PIN for government employees
- A colour copy of a valid national identity document
- CADG employees need to submit their mandate number
You must also provide any of there following accepted identification cards:
- Voter’s ID
- Biometrics ID card
- Driver’s License
Izwe Payroll Loan Amount
Izwe offers payroll loans up to GHS100,000 to qualified applicants.
Izwe Payroll Loan Term Tenure
Izwe gives up to 72 months (6 years) for loanees to repay their loan.
Izwe Payroll Loan Interest Rate
There is no fixed interest rate for Izwe’s Payroll loan.
This is because, your interest rate depends on a number of factors, such as: Loan amount and term.
However, per Bank of Ghana requirements, They’ll disclose your interest rate in your pre-agreement document.
You can also see the rates on their pre-printed payment schedule.
Ask their call centre or your dedicated agent for help with this if you still need clarification.
How to apply for Izwe’s Payroll Loan?
Izwe Offer four solid options to apply for their loan products.
This options include:
- You can apply directly at one of their branches
- You can apply through their helpful call centre agents
- You can apply through their vast sales agent network
- You can apply for Izwe loan by requesting for a Call me back
Izwe Branches In Ghana
Izwe have branches in:
- Cape Coast
You can click here to find a branch near you.
How to repay Izwe Payroll Loan
Once your loan is disbursed to you, you don’t have to worry about repayment process.
With Izwe, repayments are automatically deducted from your salary.
However, make sure your instalments are paid in full and on time, since you are solely responsible for all arrears.
Izwe Contact Information
You can contact Izwe Ghana on 0302 208 222 or visit one of their nearest branches.
We hope you enjoyed our article about how to apply for a payroll loan from Izweghana.
We know that many civil servants may find themselves in hard financial situations, which is why Izwe have created the payroll loan to help lessen the burden.
Their goal is to help civil servants get out of a tough situation by providing them with the funds they need.
If you are a civil servant who is interested in applying for a payroll loan, please feel free to contact Izweghana by visiting HERE!