Welfare Loan


Employees of the public and private sector on behalf of whom contributions to the National Savings Fund (NSF) are being made and who are in active employment for at least 1 year.

The Welfare Loan is an example of a demand-driven scheme with a broadened scope covering defined personal needs of employees and their families, as follows:

  1. Travel and Holidays
  2. Wedding Ceremonies
  3. Medical expenses
  4. Purchase of furniture, electrical appliances & keep fit equipment
  5. Home renovation
  6. Purchase of water filters
  7. Security equipment for homes like Alarm System, Camera, etc.

Scheme Details

  1. Loan amount: Up to a maximum of Rs 300,000
  2. Repayment period: A maximum period of 5 years (depending on amount of loan)
  3. Guarantee: 1 Guarantor in sustainable post
Loan Calculator (Calculate Loan & Eligibility)
Monthly income
Total deductions in salary
Loan amount
Congratulations you are eligible for a loan. Below are your repayment schedule options
# Year/s Monthly Installment
Download Application Form
Not Eligible
  1. 1. Submission of application before 15:00 on weekdays and before noon on Saturdays.
  2. 2. Amount of loan approved will be based on repayment capacity & credit profile (MCIB report) of the applicant & guarantor.
  3. 3. Application Forms may be downloaded on our website or obtainable at the seat of EWF.
  4. 4. No penalty on early repayment.

Education Loan as from 5% interest

No penalty on early repayment and low processing
fee on all our loan schemes

We are an equal opportunity employer

Over 5 billion has been disbursed to
more than 18,000 members