JUST IN: NAGRAT reduces Interest Rate on Loans to 12%


TheNational Association of Graduate Teachers (NAGRAT) has reduced its interest rates on Fund loans from 14% to 12% effective Septem 7,2020.

The Union in a statement issued by its  P[resident, Angel Agbe Carbonu on September 4, 2020.

Applying for Loans Online

Association has resorted to an online application for loans by its members.

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The benefit to the member

  1. No Loan Application Form
  2. No Loan Advance form

  3. No Authority Note Form

  4. You can apply for a loan at anytime

  5. You can apply for a loan at anywhere

  6. You can monitor your application online

  7. The Loan will be paid directly to your salary bank account

  8. No more incurring transportation cost to secure application form and picking of cheques from the regions.

  9. Probability of rejections of loan is very low if the loan information provided is accurate

10. Faster delivery services


The benefit to the Regional /Zonal Office

  1. No more scanning of documents
  2. No More Emailing of documents

  3. No More loan processing on the TPRS

  4. No more calling of members for their loan cheques

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How to apply online

  1. Go to www.nagratfund.com
  2. Update your records if you have not done that already. Your guarantor must also update their records online

  3. Then click on “Apply for Loan” on the dashboard

  4. Provide your mandate number, your affordability, amount requested and duration of loan.
    The system will automatically check whether you qualify for the loan. You can only continue if you qualify

  5. Provide the staff ID and verification code sent to your guarantor.

  6. Then click submit (that is all)



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Get the Ghana Education Service New Standard – Based Curriculum HERE

Get the  WAEC Marking Schemes HERE

Get the NaCCA/GES Standard -Based Lesson Plans HERE

Get the WAEC BECE, WASSCE, NTC Licensure Exam and Teachers’ Promotion Exam Past Questions HERE

Source: EducationGhana.net

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