Overview 
A unique loan product tailor-made for salaried workers and disbursed within 24 hours to meet varied personal, family and household needs.

Qualifying Criteria/Target Market 
Salaried Workers from all segments (On government payroll, companies on GCB’s risk profiled list, large corporates and reputable companies with low labor turnover rates)

Here’s what you will get with 24Hour Personal Loan

• Personal loan amount of up to GHS700,000
• Loan disbursed in less than 24hrs
• DSR of up to 50%
• Loan tenor up to 60 months
• Insurance cover on Temporary/Permanent Disability, Death or Retrenchment. 

Things to know

• Loan amount above GHS 700,000.00 must be subject to policy exception.
• Top Up accessible by existing loan holders
• Early repayment and settlement allowed 
• Default attracts a penalty

Benefits to the customer

• Quick access to funds
• Reduced cost of credit (Loan interest computation is based on reducing balance method)
• Loan purpose is flexible (home improvement, auto purchase & maintenance, health, Education etc.)
• Access to multiple loans (must be within approved DSR)

Requirements 

Completed Loan application form

Ecowas Identity Card (Ghana Card)

Recent 3 months’ pay slips (Subject to exception if customer is unable to provide pay slips)