You can qualify for a loan up to GHS2200. National Service Personnel can now apply for the NSS loan in 2022 with an easy process using a Direct Loan.

All loan funds in Ghana Cedis will be paid into your mobile money account with an interest rate of 6.5% per month. However, the interest applied on the loan is compound and may reduce when the repayment plan is in a short interval.

Code to Apply for NSS Loan

The code for applying for an NSS loan is *396*1# valid on any mobile money network service.

Requirements for Loan

Luckily NSS personnel don’t really need much to apply for a Direct Loan. Here are a few things compiled by TechBossu you need to successfully apply for NSS Loan;

  • NSS number
  • Working E-Zwitch

Steps To Apply for NSS Loan

Step 1: Dial *396*1# to apply for the direct service loan.

Step 2: Choose option 1 to select institution “Request Loan” or “Yes” if you already started the process but could not continue at some point.

Step 3: Press 1 to select NSS from the popup menu.

Step 4: Enter your NSS number here. When you enter your NSS number, your NSS information appears, including your full name, date of birth, NSS number, and Ezwich number.

Step 5: To obtain your loan, click 1 to Accept.

Step 6: After accepting the loan, you will get a Pin by SMS, and you will need to redial the short number *396*1# to proceed.

Step 7: For verification, enter the four-digit pin issued to you by SMS.

Step 8: After you’ve successfully entered the pin, create your own personal PIN. You’ll be asked to create your own pin.

Step 9: To obtain an NSS loan through Direct Savings and Loans Ltd, dial *396*1# again and repeat steps 1 & 2.

Step 10: Specify the purpose for the loan request.

Step 11: Enter an amount that is between the specified loan amount for you.

Step 12: Select your Loan repayment (Number of months to pay back).

Alternatively, personnel can also apply by calling 0302743300/WhatsApp 0577619776.

How to Repay your NSS Loan

The loan amount would automatically be deducted from one’s Ezwich by the National service scheme on a monthly basis plus interest.