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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.
Absa Bank Zambia PLC. Registered in Zambia (registered number 119710006444). Registered office: Stand numbers 4643 and 4644 Elunda Office Park, Addis Ababa Round About, Lusaka, Zambia. Absa Bank Zambia PLC is regulated by Bank of Zambia under licence No. BL002/1918B.