Bonus Savings Account

All you need to do is maintain a minimum balance of K1,000 and you will earn 100% bonus interest.

Apply online

Target Save Account

Get tiered interest rates that grow as your money grows.

Tell me more

Instant Savings Account

A minimum balance of K500 guarantees investment return.

Apply online

Bonus Savings Account
  • Apply online

    Apply for this account

    Enjoy the convenience of opening an account online. Take only 10 minutes of your time and get started with your application.

     

    If you have already started an application, you can resume your application by providing us with your reference number that was sent to your email address or mobile number.

     

    Apply now Resume application

  • Benefits

    • Access to cash in emergency situations via internet banking transfer
    • Access to debit card transactions
    • Tiered interest, meaning the higher the balance, the higher the interest
  • Documents required

    What you need to apply online
    • Proof of identity such as a Zambian National Registration Card (NRC), valid passport or valid Zambian driver’s licence
    • Signature that is clearly visible, signed on white paper, scanned and sent as a JPG or PNG
    What to bring if you apply at a branch
    • Proof of identity such as a Zambian National Registration Card (NRC), valid passport or valid Zambian driver’s licence
    • Your residence permit, if applicable
    • Utility bill in your name, such as an electricity or water bill
      If you do not have this available then you can download, fill in and bring this address confirmation document
Instant Savings Account
  • Apply online

    Apply for this account

    Enjoy the convenience of opening an account online. Take only 10 minutes of your time and get started with your application.

     

    If you have already started an application, you can resume your application by providing us with your reference number that was sent to your email address or mobile number.

     

    Apply now Resume application

     

    Please note that Internet Explorer 11 is not supported for this application. Use an alternative browser to process your online application.

     

  • Benefits

    • Interest ranging from 0.5% to 2.5%
    • Electronic channels (SMS alert, e-statements, internet and mobile banking)
    • Free issue of debit card
  • Documents required

    What you need to apply online
    • Proof of identity such as a Zambian National Registration Card (NRC), valid passport or valid Zambian driver’s licence
    • Signature that is clearly visible, signed on white paper, scanned and sent as a JPG or PNG
    What to bring if you apply at a branch
    • Proof of identity such as a Zambian National Registration Card (NRC), valid passport or valid Zambian driver’s licence
    • Your residence permit, if applicable
    • Utility bill in your name, such as an electricity or water bill
      If you do not have this available then you can download, fill in and bring this address confirmation document
Target Save Account
  • What you get

    The opportunity of setting your own target amount, determining the tenure, monthly payment and getting paid attractive interests on a monthly basis.

    This account gives you an opportunity to realize your dream and that of your family by offering you insurance protection against death and permanent disability during the savings period.

    Features include:

    • The monthly payments are paid through standing orders or DDACC from your primary account
    • Insurance of the Target Save balance
    • No monthly charges
    • Minimum tenure is 2 years while maximum tenure is 10 years
    • No debit card on the account
    • Minimum and maximum target save amounts are K30,000 and K350,000 respectively

     

    Let us contact you

  • Benefits

    • Convenient way of helping you realize your dream from the accumulated savings
    • Alternative investment vehicle with insurance cover against death and permanent disability
    • Flexible and easy monthly contributions
    • Total permanent disability cover with lump sum payout of the outstanding target balance
    • Death benefit cover with lump sum payout of the outstanding target balance
    • Attractive interest rates
    • Insurance of the Target Save balance
    • Option to increase or reduce the targeted amount but will be limited to the maximum and minimum amounts one can save

     

    Let us contact you

  • Documents required

    • A completed application form
    • Proof of identity such as a Zambian National Registration Card (NRC), valid passport or valid Zambian driver’s licence
    • One passport size photo
    • A signed Target Save payment consent form

     

    Let us contact you

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