Greetings Cherished reader.
Latest filla from Mutual Fund of Ghana National Association of Teachers Teachers
A recent letter cited from GNAT Mutual Fund indicates that the much awaited great news is finally in. Information cited on the Ghana National Association of Teachers Teachers (GNAT) Teacher's Fund website indicates that the interest rate of the fund has been reduced from 18% per annum to 16% per annum with effective from November 21st this year. The letter read ;
Reduction of interest rate from 18% per annum to 16% per annum.
We write to inform you that with effect from 2nd November 2020 interest rate on teachers' fund loans will be reduced from 16% per annum to 18% per annum.
The copy of the letter below for your perusal;
All other terms and conditions remain the same. A copy of the new repayment schedule has been attached for any further information, please contact the undersigned or the Teacher' fund Secretariat.
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