How To Apply For NSS Direct Loan

Every year, thousands of graduates are posted to various sectors as service personnel and these Service personnel are paid monthly allowances.

Sometimes delay in the payment of monthly allowance by the National Service Scheme (NSS) can be financially draining and hectic.

What is NSS Loan?

NSS direct loan is a paperless, fast, easy, and convenient way by which National Service Personnel (NSP) found within the subvented category can request for loans from Direct Savings and Loans Ltd.

Interestingly, applying for loans requires no processing fee, no penalty and no collateral from Service Persons. Personnel can apply anywhere at anytime and at their convenience.

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NSS Direct Loan : How To Apply
NSS Direct Loan : How To Apply

NSS Direct Loan Short Code

  • *396*1#

The above short code is the short code provided by the Direct Savings and Loans Ltd services for NSS and YEA Loan Application. The Short code guides a new registrant through the process of applying for loan.

Interest rate of NSS loan – *396*1#

  • The interest rate for the NSS Direct Loan is 6.5% Per month.

The requirement for NSS loan – *396*1#

  1. You have to be a newly posted National service Personnel
  2. You have to be Registered and Validated National service Person
  3. You have to be a National service personnel found within the Subvented category. That is, a service personnel found in the public sector.

How To Apply For NSS Direct Loan

  1. Dial *396*1# to apply now

Personnel are to dial *396*1# to apply for loan from Direct Savings and Loans Ltd

  1. A popup message appears, select NSS

Personnel are to select NSS from the popup menu.

  1. Enter NSS Number

Personnel is required at this stage to enter their NSS number to continue (Example NSSGCC1854964). Entering the NSS Number displays your NSS information such as

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  • Full name
  • Date of Birth
  • NSS Number
  • E-zwich Number.
  1. A pop up appears with your NSS information

Click on 1 to accept to get your loan. Personnel are to note that the loan amount reduces every month.

  1. Receive PIN via SMS

After accepting to receive loan, a PIN will be sent to you via SMS, then you redial the Short code *396*1# to continue

  1. Verification of Sent PIN

After redialing the short code *396*1#, you will be requested to enter the four digits pin sent you via SMS for verification

  1. Setup your personal PIN

After you have successfully entered the PIN, you will be prompted to setup your own PIN.

  1. Dial *396*1# Again

After performing all the procedures outlined above, dial *396*1# again and follow the steps below to request an NSS loan using the Direct Savings and Loans Ltd.

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  1. Choose request loan

Choose option 1 on your phone keyboard to request for loan from Direct Savings and Loans Ltd

  1. Specify loan Purpose

At this stage, a personnel has to specify the purpose for loan request. Example: Education, Funeral, Medication, Personal.

  1. Enter loan Amount

After Specifying loan Purpose, a pop message appears with a specified amount of money you are qualified to be given as loan. You can enter an amount that is between the specified amount.

  1. Confirm your repayment plan

Select your Loan repayment (Number of months to pay back)

NB: Incase, you exit the process unknowingly, you can continue from where you left by entering *396*1#

Aside from applying through the code *396*1#, Personnel can also apply by Calling

  • 0302743300
  • 0577619776 – WhatsApp

How To Repay NSS Direct Loan

The loan amount would automatically be deducted from one’s E-zwich by the National service Scheme on a monthly basis, plus interest.


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