BPOWF FORM 2

BOTSWANA PUBLIC OFFICERS’ WELFARE FUND

DIRECTORATE OF PUBLIC SERVICE MANAGEMENT

PRIVATE BAG 0011
GABORONE
LOAN APPLICATION FORM

SECTION I

(To be completed by applicant)

 Applicant Name: ………………………  Ministry/Depart: ..…………

 Applicant Identity No: ……………….  Date joining fund: …………

LOAN DETAILS:

PETTY CASH, EMERGENCY OR

________________________________________
ORDINARY LOAN

LOAN AMOUNT REQUESTED P___________________

TYPE OF LOAN MAXIMUM MAXIMUM INTEREST
AMOUNT REPAYMENT CHARGED
PERIOD
Petty Cash Loan Up to P1,500.00 Once off 5% per month

Emergency Loan P1,501 to P10,000 12 months 10% per annum

Ordinary Loan P10,001 to P20,000 24 Months 10% per annum

Ordinary Loan P20,001 to P60,000 36 Months 10% per annum

Ordinary Loan P60,001 to 48 Months 10% per annum

P100,000
Ordinary Loan Up to P250,000 72 Months 10% per annum
MEMBER BANK ACCOUNT DETAILS:

Bank Name: ……………………………..

Branch:……………………………………

Account No: ….………………………….

Documents attached with application (Please tick below)

o Certified Copy of Pay slip

o Certified Copy of Omang/National Identity

 Do you have a loan outstanding with BPOWPF prior to this loan?

If so, please provide the following details;

Amount outstanding P ……………………………………………………….

Loan Date: ………………………………………….

UNDERTAKING

I undertake to comply with all the provisions of the Welfare

Fund on loans. I therefore authorize the Botswana Public
Officers Welfare Fund to recover any amount owing to the
Fund from my terminal benefits as final settlement in the
event anything happens to me.

_____________________________ __________________
Applicants Signature Date

APPLICANT DETAILS:

 Address:………………………………………………………………………….

 Contacts: Office Line:……………………………………………………..

Cellphone:……………………………………………………..
SECTION II

(To be completed by Corporate Service/District Commissioner’s

Office)

 Amount of Loan recommended: ……………………………………………

________________________ ________________________
Recommending Officer (Full Name )

______________________ ________________________
Designation Identity Number

______________________
Date

SECTION III
(To be completed by DPSM)

Recommendation received on: ………………………………………………………

Documentation completed on: ……………………………………………………...

Previous loan outstanding checked on: …………………………………………..

Amount of loan authorized: …………………………………………………………

First Installment due: …………………………………………………………………

No of Installments to pay loan: …………………………………………………….

Loan Insurance (1.5% of Loan amount) ………………………………………..

_______________________ ________________________
Authorised Signatory (Full Name, Signature)

Date: __________________