Unlock financial freedom with a personal loan. Get personalised credit, enjoy tailored interest rates, and get access to a quick approval process. Choose between a personal loan, a personal loan direct or a scheme loan. 

Absa Loan

Anyone can apply for a loan for sudden expenses, planned trips, personal projects, or any other funding needs. Your loan repayment is deducted via a debit order. 

Benefits
  • Loan amounts of up to K550,000
  • Flexible repayment periods (3 to 72 months)
  • Access to credit life insurance for death and permanent disability
Requirements
  • Credit-worthy salaried Personal, Prestige and Premier Banking customers
  • Age between 18 and retirement (60 for public service, 70 for private sector, professionals)
  • Single facility fee upon loan approval 

Find a branch

  • Documents required

    • Proof of identity (national registration card, valid passport or valid driver’s licence)
    • Latest 3 months' payslips
    • Completed application form
    • A copy of the contract (if on contract)

Absa Loan Direct

If you work for one of the companies that we are partnered with, your repayment is deducted directly from your current or savings account  (this is unlike a scheme loan, where repayment is deducted directly from your salary). 

List of partnered companies
  • Copperbelt University
  • Maamba Collieries
  • National Road Agency Fund
  • Zambia Railways (Railway System of Zambia)
Benefits
  • Loan amounts up to K550,000
  • Flexible repayment periods (3 to 72 months)
Requirements
  • Credit-worthy salaried employees from selected employers with MOU agreements with Absa
  • Age between 18 and retirement (60 for public service, 70 for private sector, professionals)
  • Single facility fee upon loan approval

Find a branch

  • Documents required

    • Proof of identity (national registration card, valid passport or valid driver’s licence)
    • Latest 3 months' payslips
    • Completed application form
    • A copy of the contract (if on contract)

Scheme loan

If you work for one of the companies that we are partnered with, uour repayment is deducted directly from your salary i (this is unlike a Absa Loan Direct, where repayment is deducted from your current or savings accout).

See full list of partnered companies

Benefits
  • Loan amounts up to K550,000
  • Flexible repayment periods (3 to 72 months)
  • Convenient automatic payroll deductions for repayments
Requirements
  • Credit-worthy salaried employees from selected employers with scheme agreements with Absa
  • Age between 18 and retirement (60 for public service, 70 for private sector, professionals)
  • Single facility fee upon loan approval 
  • Scheme loan includes credit life insurance for death and permanent disability

Find a branch

  • Documents required

    • Proof of identity (national registration card, valid passport or valid driver’s licence)
    • Latest 3 months' payslips
    • Completed application form
    • A copy of the contract (if on contract)
Need more help?

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

Chat to Abby on WhatsApp:
+260 (762) 969 977

Email us:
customerservice.zm@absa.africa