IPPIS Loan for Federal Workers 2024: Code, Eligibility & Application

  • November 19, 2023

IPPIS Loan for Federal Workers: Are you a federal government worker or a civil servant looking for quick cash? Then, you might want to take advantage of the IPPIS loan scheme.

Sometimes, it may take a while for civil servants’ salaries to come through. In times like this, many may be out of cash and have almost nothing to leave on.

Thankfully, the creation of IPPIS has been a safe haven for most federal government employees, as they can now get easy financial assistance while waiting for their salaries.

In this post, we will walk you through what IPPIS loan for federal workers is, how to be eligible, how to apply for the loan, and also the IPPIS loan codes and numbers.

So, without further ado, let’s get started!

About IPPIS Loan

IPPIS loan for Federal workers

The Integrated Personnel and Payroll Information System (IPPIS) was launched in Nigeria in 2007 to help the government better manage the payment of salaries and wages of its employees.

The system has evolved over the years to provide various services to federal workers, including a loan program that offers low-interest loans from time to time.

Related: Federal Government Loan for SMEs in Nigeria

How to Be Eligible for IPPIS Loan

The first step in accessing an IPPIS loan is to meet the eligibility criteria. To be eligible for an IPPIS loan, a federal worker must be enrolled in the IPPIS scheme, have a stable source of income, and meet other requirements.

These include having a functional salary account, having no record of default in previous loan repayments, and meeting the age limit.

Read Also: How to Get a Car Loan in Nigeria without Collateral

What are the Application Requirements for IPPIS Loan for Civil Servants?

After knowing who is eligible for loans from IPPIS, I believe what will be on your mind now is how to apply and get the loan. However, before that, you need to know the documents required for IPPIS loans for federal workers.

Although not too strict, some documents are required for federal government loans by IPPIS, including:

  • Your IPPIS number
  • Salary Payslip
  • Bank statement of account
  • Bank Verification Number (BVN)
  • Valid National ID card
  • You need either your Employment / Deployment Letter/ Confirmation 
  • A work ID card is also required

Once you have all these ready, you can now proceed to apply for IPPIS loan for salary earners.

See Also: How to Get an Online Loan in Nigeria

How to Apply for IPPIS Loan for Federal Workers

Applying for an IPPIS loan for federal workers is a straightforward process. Below are the steps to follow:

Check Eligibility

The first step is to check your eligibility on remita.saha.ng, if you receive your salary through Remita. If not, you can jump to the next step.

Obtain the IPPIS Enrolment Form

The next step is to obtain an application form. This form can be found and downloaded from the IPPIS website or obtained from the office of the head of the department.

Fill Out the Form and Provide the Required Documentation

After accessing the application form, proceed to fill it out with accurate information and provide the necessary documents. These include a copy of their employment letter, bank statement, and a means of identification among others.

Submit the Form

Once you complete filling out the application form, submit it with all the required documents, and then wait for the loan to be approved.

IPPIS loan for federal workers approval process takes a few days, and factors considered include the borrower’s creditworthiness, the amount requested, and the borrower’s repayment history.

Once the loan is approved, you will receive the loan amount in their salary account within 72 hours.

Check Out: How to Get 100K Instant Loan in Nigeria without Collateral

IPPIS Loan Codes

Now that you’ve known the process of applying for IPPIS loan for federal workers, is there IPPIS code to apply for a loan?

The short answer is NO!, IPPIS doesn’t currently have a code to apply for loans on their platform.

What most people mistake for IPPIS loan code is the IPPIS number required for loans. This number can be gotten from the IPPIS website after enrollment.

Related: Easemoni Loan Code

IPPIS Loan for Government Workers Repayment Plans

IPPIS loan repayment is through monthly deductions from the employee’s salary. The repayment period is between 6-12 months, depending on the loan amount and agreement between the borrower and the lender.

Repayment through deductions from the borrower’s salary makes it easy for them to repay the loan without defaulting.

Related: How to Get a Loan without Credit Checks in Nigeria

Benefits of IPPIS Loan

IPPIS loans for federal workers come with a lot of benefits, including:

Low-Interest Rates

Federal workers’ IPPIS loan program offers low-interest rates compared to other loan options available to Nigerian civil servants. This makes it an ideal option for workers who need to borrow money at a lower cost.

Easy Application Process

The IPPIS loan application process is straightforward and can be completed online. This makes it easy for federal workers to access the loan without having to go through a complicated application process.

Fast Disbursement

Unlike traditional bank loans, IPPIS loans for civil servants are disbursed within hours of approval, making it an ideal option for emergencies. This is because borrowers can access the funds they need quickly to handle unexpected expenses.

Flexible Repayment Plan

The IPPIS loan for federal government workers offers flexible repayment plans to borrowers.

This makes it easy for them to repay the loan without defaulting. The repayment period is also relatively short, which means borrowers can pay off their debt within a short period.

See Also: Top Loans with Monthly Payment in Nigeria

IPPIS Loan Civil Servants in Nigeria – Drawbacks

While IPPIS loan for salary earners is beneficial to federal government workers, it comes with some disadvantages also. These include:

Strict Eligibility Criteria

The eligibility criteria for IPPIS loans are strict, making it difficult for some federal workers to access the loan. This means that some workers may not be able to benefit from the low-interest rates offered by the loan program.

Interest Rate

Although the IPPIS loan program offers low-interest rates, it is still higher than the interest rates offered by some commercial banks.

Loan Amount Limit

The IPPIS loan program for government workers has a loan limit, which may not be enough for some federal workers who need more substantial amounts of money. This may force them to seek loans from other sources that may have higher interest rates.


IPPIS loan program offers an excellent opportunity for Nigerian federal workers to access low-interest loans. However, it is essential to note that the program has its advantages and disadvantages.

Before applying for an IPPIS loan, as a federal worker, you should carefully consider your eligibility and the loan’s terms and conditions. It is also important to compare the IPPIS loan for federal workers program with other loan options available to them to ensure they make an informed decision.

Ultimately, accessing the IPPIS loan program can help federal workers meet their financial obligations without having to pay exorbitant interest rates.

We hope this post has supplied all the needed information about the IPPIS loan for federal workers, and also the IPPIS loan USSD code.