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What is a Premier Loan?

The Premier Loan is a salary based loan that is designed for individuals with full time or contractual employment, who have an operating account with the bank to facilitate the monthly loan installment payments.

Benefits:

  • Access to affordable low cost financing
  • Maximum loan period of 3years
  • Deduction is from account

How to get it and what to expect

The following are the necessary requirements to apply:

  • An existing Zanaco Current or Savings Account which the loan will be credited into and installments will come from.
  • Your employer must have signed a Letter of Undertaking not to change your paypoint with Zanaco for your to apply for one

Features:

  • Unsecured loan backed by salary
  • Minimum period of 6 months and a maximum period of 4 years
  • Minimum loan amount is K5,000
  • Interest is determined by the bank
  • Loans are insured

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