IPPIS Salary Loans, Fast & Stress-Free.
Designed exclusively for Federal Government employees on the IPPIS payroll. Get the funds you need, with repayments handled automatically every month.
₦22.5M
Maximum Loan
3.99%
Rate / Month
24–48h
Disbursement
12 Months
Max Tenor
Process
From Application to Disbursement in 4 Steps
Submit Application
Fill out our quick online form with your employment details, desired loan amount, and preferred repayment tenor.
Document Verification
Upload your payslip, work ID, and BVN. Our team quickly verifies your details against the IPPIS payroll database.
Loan Approval
Once verified, you receive a loan offer with clear terms — amount, tenor, rate, and total repayment. No surprises.
Disbursement
Accept the offer and funds are deposited directly into your salary account within 24–48 hours.
Eligibility
Requirements Checklist
Our IPPIS loan is straightforward. If you're a Federal Government employee on the IPPIS payroll system, you're likely eligible. Here's what you'll need:
- Current Federal Government employee on IPPIS payroll
- Minimum of 6 months in current posting
- Valid government-issued ID (National ID, Passport, or Driver's License)
- Recent pay slip (not older than 3 months)
- Bank Verification Number (BVN)
- Active salary bank account
- Letter of Introduction from employer (optional but accelerates approval)
FAQ
Common Questions
1Who qualifies for an IPPIS loan?
All confirmed Federal Government employees whose salaries are paid through the IPPIS payroll system are eligible to apply.
2How much can I borrow?
You can borrow from ₦100,000 up to ₦22.5 million, depending on your salary level and repayment capacity.
3What is the repayment structure?
Repayments are deducted automatically from your monthly salary via the IPPIS system, making it stress-free.
4How long does approval take?
Approval typically takes 24–48 business hours once all required documents are submitted and verified.
Salary-backed. Fast. Transparent.
Join thousands of Federal Government employees who have trusted Grace Moni LTD for their financial needs. Apply today and get funded fast.