Premier Loan

This is a Salary Based loan. The Zanaco Premier Loan is designed for individuals in full time or contractual employment who have an operating account with the bank to facilitate the monthly loan installment payments.

Your Employer must undertake to continue remitting the salary to Zanaco during the tenure of the loan.


  • Minimum tenure of 6 months
  • Maximum tenure of 36 months
  • Annual interest of Bank of Zambia Policy Rate + Margin
  • Minimum loan amount ZMW5, 000 unsecured
  • Maximum loan amount of ZMW60, 000 unsecured
  • Applicable Fees
  • Arrangement fee to be collected upfront
  • Insurance to be collected upfront


  • Filled in application form
  • Copies of 3 recent payslips
  • Certified copy of NRC, valid passport or valid driving licence
  • 2 passport size photos
  • Contract of employment where applicable
  • Valid work/residency permit for expatriates, where applicable

Personal Loan Product

  • This is a Secured Personal loan for all Zanaco account holders that requires collateral.


  • Annual interest of Bank of Zambia Policy Rate + Margin


  • Letter of application covered by supporting documents at application stage
  • Applicant must pledge security