GNAT has officially increased the mutual fund loan limit. Check

By | January 21, 2023

The management of the Ghana National Association of Teachers (GNAT) has officially written to inform members of the largest teacher association in Ghana that the loan amount limit that a member of the association can take has been enhanced significantly.

According to the management of GNAT, “we write to inform you that effect 1st February 2022 the limit for Teachers’ mutual fund loan will increase as follows ”

Loan Type New limit (GHC)Duration
personal35,00048 months
Investment 50,00060 months
Vehicle70,000up to 84 months
Habitat60,00060 months

This was contained in a letter signed by the Chief Operation Officer of the Ghana Teachers’ mutual fund, Mr. Yaw Dapaah

All other terms and conditions remain the same. For further information please contact the undersigned or the Teachers’ Fund Secretariat.

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