Introduction:
You work hard — your salary should work for you too.
With Grants MFB IPPIS/Salary Advance Loans, federal civil servants on the IPPIS payroll and other verified salary earners can access fast, affordable loans to meet urgent needs without waiting for payday.Simple processing. Instant disbursement. Salary-backed confidence.
Quick Navigation:
• Why Choose Grants MFB IPPIS Loans?
• Loan Features
• Who Can Apply?
• How to Apply
• FAQs
Why Choose Grants MFB IPPIS Loans?
• Same-Day Approval: Decisions typically within 24 hours.
• Salary-Linked Repayments: Easy deductions directly from your monthly salary.
• Flexible Loan Amounts: Based on your verified net pay.
• Low Documentation: Simple paperwork — minimal fuss.
• Insurance Protection: Grants Insure Credit Life coverage included.
• Referral Reward: Earn bonuses for referring other salary earners (terms apply).
Loan Features
• Loan amounts from ₦50,000 to ₦5,000,000 (based on salary profile)
• Tenors from 3 months up to 24 months
• Competitive salary-earner interest rates
• Repayment directly deducted from salary account
• Early repayment option with no penalties
• Top-up options available after consistent repayment
Who Can Apply?
• IPPIS Applicants:
• Active Federal Government Employees listed on the IPPIS payroll system.
• Minimum of 6 months continuous IPPIS employment.
• Must operate or agree to open a Grants MFB Salary Account.
• Other Salary Earners (Private/Public Sector):
• Salaried workers from verified companies or institutions.
• Minimum of 6 months employment.
• Must operate a Grants MFB Salary Account.
Requirements:
• Valid ID (NIN, Driver’s License, or International Passport)
• For IPPIS Applicants:
• Latest 3 months IPPIS Payslips
• For Other Salary Earners:
• Latest 3 months payslips
• Letter of Introduction/Confirmation from Employer
• Completed Loan Application Form
• Bank Verification Number (BVN)
How to Apply?
Quick and easy steps:
a. Open or operate a Grants MFB Salary Account.
b. Complete the IPPIS/Salary Advance Loan Application Form.
c. Submit your payslips and required documents.
d. Application processed within 24 hours.
e. Loan disbursed directly into your Grants MFB account.
[CTA Button: Apply for an IPPIS/Salary Loan]
FAQs
1. What is IPPIS?
Integrated Payroll and Personnel Information System — the federal platform managing government salary payments.
2. How much can I borrow?
Depends on your verified net monthly salary and debt-service ratio guidelines.
3. When will deductions start?
Deductions commence in the next payroll month after disbursement.
4. Can I repay early?
Yes — early liquidation is allowed without penalties.
5. Do I need a Letter of Introduction?
• IPPIS Salary Earners: No — only IPPIS payslips needed.
• Other Salary Earners: Yes — Letter of Introduction/Confirmation required.
6. Can I refer my colleagues?
Yes — and you enjoy bonus rewards for successful referrals (terms apply).
Final CTA SectionAccess your salary power today.
Apply for a Grants MFB IPPIS/Salary Advance Loan.