National Pension Commission Non-interest Loan

PenCom: National Pension Commission (Non-interest Loan)/ How To Apply

National Pension Commission Non-interest Loan 2023 | The National Pension Commission Non-interest Fund is open for pension contributors and retirees across the 36 State in Nigeria, How to apply for National Pension Commission, What you need to know about, PenCom Non-interest Fund (Fund Vi) is in this page carefully read through.

The PenCom Non Interest Fund is a loan scheme established for pension contributors and retirees. It is a fund that complies with the provisions of Islamic Commercial Jurisprudence and any other established non-interest principles, as approved by the Financial Regulation Advisory Council of Experts (FRACE) or any other body constituted by the Central Bank of Nigeria and the Securities and Exchange Commission, from time to time.

Do you want to apply for PenCom Non Interest Fund? If yes, focus attention and read through.

The PenCom Non Interest loan was introduce as a result of implementation of the Multi-Fund Investment Structure, which seeks to provide investment portfolio choices to pension contributors and retirees.


  • Non Interest loan of any Amount
  • It complies with the provisions of Islamic Commercial Jurisprudence.


  • Pension contributors and retirees.

How To Apply:

All Pension Fund Administrators (PFAs) are required to create and maintain the Non-interest Fund (Fund VI) for interested Retirement Savings Account (RSA) holders.

The Fund shall be separated into two funds for Active RSA holders and Retirees respectively.

RSA holders in Fund I, II, III and retirees in Fund IV are eligible to move their RSA Contributions to the Non-interest Fund (Fund Vi) by making a formal request to the PFA, in line with the provisions of the RSA Multi-fund implementation Guidelines and Section 7.6 of the Investment Regulation dealing with Transfers between Fund Types within a PFA.

The Non-interest Fund offers a viable alternative to the conventional interest-based financial instruments for pension funds investment.

To apply for this fund, visit your pension fund Administrator or visit the PenCom website for further information.

Further information on the Non-interest fund (Fund Vi) can be obtained from the Commission’s website as well as the various Pension Fund Administrators (PFAs).

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