Are you a member of GNAT looking to capitalize on lucrative investment opportunities? The GNAT Investment Loan might just be the financial solution you have been searching for.
Tailored exclusively for GNAT members keen on venturing into income-generating activities like property purchase and land acquisition, this loan offers a maximum amount of GHC 50,000.00 with a flexible repayment period of 60 months.
Loan Eligibility
To be eligible for the GNAT Investment Loan, you need to be an optional contributor to the GNAT mutual fund with a monthly contribution of at least GHC 150.00. This requirement ensures that applicants have a demonstrated commitment to building their financial portfolio.
Competitive Interest Rate
The current interest rate for the GNAT Investment Loan is set at 16% per annum, calculated on a reducing balance basis. This favorable interest rate enhances the feasibility of your investment endeavors, making it easier to generate returns that outweigh the borrowing costs.
Loan Prerequisites
While the GNAT Investment Loan offers a gateway to investment success, it does come with specific prerequisites that applicants must fulfill for approval. Remember, these requirements are put in place to ensure a smooth and secure lending process:
Required Documents For GNAT Investment Loan
- Filled Investment Capital Loan Application Form
- Mandate Request Form
- Two Different Mandate Forms
- Passport Pictures (2)
- Coloured photocopies of Ghana Card (2)
- Photocopies of Current Payslip (2)
- Evidence of Business Ownership
It is worth noting that your contributions to the GNAT mutual fund directly influence the maximum loan amount you can access. The more you contribute, the higher your borrowing capacity becomes, allowing you to pursue more substantial investment opportunities.
Source: GESHub.org
