Facility Amount | Maximum loan amount is N60,000 |
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Tenor | 3 – 10 months |
Repayment | Equal monthly installment of principal and interest over the tenor of the facility and shall not exceed 33.3% of Corps member’s monthly allowance |
Support/Comport | Corps member’s allowance must be domiciled with the Bank |
Interest Rate | Competitive |
- Completed Application Form
- Employer Undertaking Form
- Domiciliation of NYSC allowance with the Bank
All applications to be completed during the NYSC orientation activities