DIRECT Salary Loan Agreement

Application: LOAN ACC #

Dear (APPLICANT NAME),

We’re pleased to welcome you to the DIRECT family and are proud to offer you your DIRECT Salary Loan.

Reaching this stage confirms that you have read and agreed to all terms and conditions associated with this application. Please review the loan details carefully and ensure you fully understand all costs related to your loan.

Loan Details-SAMPLE
Loan Account Number LOAN ACC #
Loan Amount GHS 12,100.00
Total Payable GHS 15,004.00
Monthly Deduction GHS 1,250.00
Monthly Interest 2.0%
Term 12 Months
Effective Date 2025-12-11
Product Type Direct Salary Loan
Ghana Card Number Ghana Card
Processing Fee 2%
Kindly note that if you abandon or vacate your employment, or are unable to continue your employment for any reason, you must ensure that DIRECT receives loan deductions directly from you. All recovery costs in the event of default shall be borne by the applicant.

We respect your privacy and will only use your data as detailed in our Terms and Conditions and Privacy Policy available at:
www.directgh.com/salaryloantc.pdf
www.directgh.com/privacy.pdf

For enquiries, please call 0302 743 310 or email info@directgh.com.
Declaration

I, (APPLICANT NAME), confirm that I have applied for the loan amount stated above and fully understand the terms, costs, and repayment obligations. I authorize my employer and/or bank to deduct the monthly installments until the loan has been fully repaid.
Applicant Signature
Date:
Authorized Officer
DIRECT Savings & Loans