Human Resources

Email: FAP@worldbankgroup.org

Phone: 202-473-7104

Purpose

You may apply for an emergency loan at any time during your employment at the World Bank Group. Emergency loans are intended for urgent personal reasons, such as illness, death, natural disaster, or other circumstances that are out of your control and involve either yourself or your Category I relatives.

Eligibility

• You are eligible if you hold a Regular, Open-Ended, Term, Local-Staff Regular, or Executive Director’s Advisor appointment.
• You will not be eligible for an emergency loan if you have access to other funds under reasonable terms and conditions. If you are a Country Office staff, and you have not reached your maximum limit for general loans, then you will need to apply for a general loan first.
• Attention: Click here for a quick Eligibility Chart (available only from Bank's intranet).

You will not be eligible for an emergency loan if you have access to other funds under reasonable terms and conditions, such as general loans. If you have not reached your limit for general loans, then you will need to apply for a general loan first.

Loan Amount

Up to six months of your net salary.

Terms

Emergency loans are interest free and repayable over a maximum period of six years commencing with the first day of the month following the date of disbursement.

Required Documents

• Depending on the emergency, if a cost estimate is available, then provide the relevant documentation; otherwise, provide a list of items and the expected costs
• Actual invoices must be provided afterwards (Example: hospital bills for medical emergencies etc.)
• Letter of rejection from Commercial Bank stating the amount requested and the reason for rejection - HQ

Click HERE to apply and check your loan application status via myHR Self-Service.