GCB GNAT loan at 14% truly exist
The GCB GNAT loan at 14% is introduced for teachers who are members of the Ghana National Association of Teachers (GNAT). The loan scheme is the lowest rated loan scheme for teachers so far.
Our team have spoken to our contacts at GCB headquarters and a few GCB branches concerning their 14% loan to teachers. Here is the information we have gathered so far. Every information proves the 14% loan to GNAT members by GCB is true.
1. We called two different people from GCB Bank PLC headquarters. Those we called from the headquarters say they are actually giving loans to all GNAT members at 14%. They said you can get the loan at any of their GCB branches. And they asked us to visit any of their branches if we had any doubts or further questions.
2. We called five different branches. One in Greater Accra, Western, Ashanti, Volta, Savannah regions. Those we called at the different branches said it is true that a 14% loan for teachers exists.
3. While some of the branches are giving the GNAT loans at 14%, others said they are waiting for an official announcement from their headquarters to start implementation.
3. Conclusion: We encourage any interested GNAT member to just visit any GCB branch and ask about GNAT loans.
Scam alert from GNAT
GNAT headquarters can easily contact GCB headquarters and give us a valid reason for whatever information they want to communicate.
We don’t know what GNAT is afraid of. However, GNAT’s own mutual fund is also giving loans at 14%. This is not a competition. However, the GNAT teachers fund has relied on an old argument that their loans are cheaper than those of banks. Therefore, for GNAT to officially acknowledge a deal that grants a bank loan to members at 14% would create a communication disaster for them.
GCB NAGRAT loan at 14%
The National Association of Graduate Teachers (NAGRAT) already enjoys this 14% loan package from GCB.
A fundamental difference between the 14% loan for NAGRAT members and GNAT members is the confirmation as a member.
NAGRAT headquarters prefers to endorse an individual member’s loan form, while GCB only uses the GNAT membership deduction on payslip to disburse the loan.
Also, all NAGRAT GCB loan application for done through GCB Circle branch
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