NYSC Loan Application – The National Youth Serving Corps can now apply for loan.
The loan is can be accessed by all currently serving Corps Members regardless of their states. This is a basic entitlement for all Corps members willing to take the loan. The window is open to batch A and Batch B Corps members.
Reasons For NYSC Loan
. To help Corps members have access to loan.
. To help Corps members to be self financed after the serving year.
. To help Corps members along side their allowance to have enough business start up capital for their dream business.
. To tackle joblessness after a year service for the country.
NYSC Loan Application: Eligibility For NYSC Loan
The following are the eligibility criteria for NYSC Loan Application
. Applicants must be a serving Corps members
. Batch A and Batch B applicants only
. Corps members must be serving in any of the states including the federal capital territory.
. Serving Corps members must have a valid NYSC I.D Card
. Corps members would present Call-Up-Letters while applying.
NYSC Loan Application Sponsors
The NYSC Loan Application Sponsors includes the Central Bank of Nigeria (CBN) and Nirsal Microfinance Bank. The sponsors are responsible for all the loan disbursed to serving Corps members in Batch A Bad Batch B.
NYSC Loan Application Partners
The National Youth Service Corps (NYSC) has partnered with the Nigerian Youth Investment Funds (NYIF). The Nigerian Youth Investment Funds (NYIF) is responsible for corps members applications. The National Youth Investment Funds (NYIF) will receive corps members details on behalf of the sponsors.
Who Can Apply For NYSC Loan Application
Those who can apply for the loan are those serving Corps members.
. They must be Nigerians by birth or nationalisation
. Must be 18 years and above at the time of application.
How To Apply For NYSC Loan Application
Interested applicant and a serving corps members should click the link to apply. Only serving corps members in Batch A and Batch B can apply for the NYSC Loan.