Loan

Salaried Workers Loan

Are you a salaried worker in need of quick financial assistance? Whether it’s for unexpected expenses, school fees, home improvement, or personal projects, South Akim Rural Bank’s Salary Loan gives you the funds you need when you need them. With flexible repayment terms and and competitive interest rates.

How to Get Started?

Steps needed to complete the process.

1

Apply

Required to write an application letter.
2

Verify Your ID

Come along with your Ghana ID card.
3

Enjoy!

Confirm the details, submit and you're done.
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Get a Salaried Workers Loan Today!

The Salaried Workers Loan is a medium to long-term credit facility designed to support employees in meeting personal, family, and professional needs. With flexible repayment terms and affordable interest rates, this facility ensures that salaried workers can access the funds they need conveniently and securely.

  • Teachers, nurses, and health workers.
  • Civil servants and government workers.
  • Employees of private institutions with payroll systems.
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Take a Closer Look

  • Salaried Worker Loans to salaried workers shall be granted where the employee collects his/her salary through the Bank.
  • Loyal Customer Employee is to operate with the Bank for at least three (3) months to qualify for salaried worker’s loan.
  • Guarantors At least two (2) salaried workers who collect their salaries through the Bank shall guarantee the loan.
  • Employer Employer shall undertake to pay employee’s salaries direct to the Bank while he/she remains in employment.
  • Interest An interest per annum shall be charged on straight line method
  • Payment Duration Loan shall be repaid on monthly installment basis.
Have Any Quastions?

Top Questions People Ask Us

Got a question about how we’re organised, or looking for financial or shareholder information? View more Q&A here

What is the difference between a savings and a current account?

A savings account is designed for saving money and earns interest. A current account is for daily transactions and may not earn interest.

How do I open a bank account?

You usually need valid ID, proof of address, and a minimum deposit. Visit any branch of South Akim Rural Bank Plc.

What is a bank statement?

A bank statement is a summary of all your account transactions over a certain period, usually monthly.

How do I update my personal information?

Visit a branch with valid ID for update.

What is KYC (Know Your Customer)?

A regulatory requirement where banks verify the identity and address of customers to prevent fraud and money laundering.

What types of loans do banks offer?

Agric loan, salary advance loan, salaried workers loan, commercial loan.

Still have questions about services?

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