An easy-to-use and affordable hybrid account for everyday banking that gives you access to savings and current account.  The Instant Savings account offers

Spend and transact whilst earning interest on your savings

Benefit from discounts and rewards when you use your card

No minimum operating balance required

Interest ranging from 0.5% to 2.5%

Free debit card

Access to save-as-you-earn account

Access to personal loans

Access to credit card (if specific conditions are met)

Entry requirement

Monthly income above K2,500.00

Minimum operating Balance K500.00

Fees and charges

K50 monthly bank charge

K10 per transaction to mobile money networks

K20 ATM withdrawal fee from an Absa ATM

K20 ATM withdrawal fee from non-Absa ATM

K0.50 (optional) SMS alert charge

Open account online Resume an application

  • Documents required

    • Proof of identity (NRC or valid passport)
    • Latest 2 months' payslips
    • Completed application form
    • Land’s search and valuation authority
    • Certified copy of title deed
    • 2 passport-size photos
    • For new customers, we need 3 months' bank statements from your previous bank
    • Letter of offer from vendor (for outright purchases)
    • Marriage certificate, if you take a joint loan between husband and wife
Need more help?

Call us on:
+260 (211) 366100 (available Monday to Friday from 08:00-16:45)
5950 (Toll free on Airtel and MTN only)

Email us:
customerservice.zm@absa.africa