This unsecured personal loan comes with repayment on payroll and at rates negotiated with selected companies or organisations.

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What you can expect
  • What you get

    • Quick approval process
    • Loan amounts of up to K400,000
    • Flexible repayment period ranging from 12 months to 60 months
    • Competitive interest rates
    • Convenience of not having to plan for repayment every month – repayments are off payroll
    • Easy and convenient application process
  • What you need to know

    • It is available to credit-worthy salaried employees working for selected employers who have signed a scheme agreement with Absa and at least 18 years of age and a maximum of 55 years for civil servants, 60 years for private sector employees and 65 years for professionals (lawyers, judges, medical doctors and university lecturers).
    • A single facility fee is charged upon approval of the loan. Refer to the current tariff guide available at all our branches and sales centres or call 5950 on any mobile network.
    • Scheme loan carries credit life insurance cover against death and permanent disability.
  • What to bring when you apply

    • Proof of identity (national registration card, valid passport or valid driver’s licence)
    • Latest three months' payslips
    • Completed application form
    • A copy of the contract (if on contract)

Need more help?


Toll free: 5950
Tel: +260 (211) 366100
Tel: +260 (211) 366225


Abby: +260 762 969 977


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