Staff loan was lent for (1) year to (3) years term with 9.25% interest rate per annum. For (1) year term – 2 times of Original Salary For (2) years term – 3 times of Original Salary For (3) years term – 5 times of Original Salary
Monthly installment can be paid to Staff Loan Committee of respective Ministries or Departments with L-25 Guarantee in amortization method by calculating based on the borrowed balance amount.
