A permanently appointed Central Government Employee is eligible for a loan equivalent to one month’s basic salary to assist with:
Loan applications are made through the applicant’s Human Resource Department and then submitted to the Accountant General’s Department with supporting documents (medical bills, burial order, etc) for approval.
Repayment for Salary Advance Loan
The loan is repayable within a twelve (12) months period and attracts 5% per annum interest on a reducing balance payable every quarter.
Documents Required by AGD for Salary Advance Loans
The original of the following must be submitted by the applicant:
1.Proof of address for applicant and surety ( electricity bill, water bill)
2.Picture Identification for applicant and sureties ( passport, driver’s license, national ID)
3.Two surety forms stamped at the Stamp Office and signed by a Justice of the Peace
4.Appointment letters for sureties who must have at least two years of appointed service
5.Three (3) last pay slip for applicant.