Solar Finance

FEATURES

• Minimum Tenor – 6 months
• Maximum Tenor

• 72 months for Retail clients
• 60 months for Business clients

• Funding for new assets only and limited deal size of:
  • K200,000.00 for Retail clients
  • K3,000,000.00 for Business clients
• Deposit Requirements
  • No deposit for Retail clients
  • Minimum of 20% deposit for Business clients

• Insurance with flexible payment plans is available
• Variable interest rates subject to the Bank’s prevailing margins and BOZ policy rate.

HOW TO GET IT AND WHAT TO EXPECT

• Copy of NRC
• 3 latest pay slips / Valid proof of income
• Driver’s Licence for Vehicle Finance
• Duly completed application
• Letter from Employer confirming employment status and how long one has worked for the institution
• Proof of residential address
• An existing Zanaco Account
• Applicant must be aged over 18 years
• Quotation from supplier – you can choose from a pre-approved list of suppliers spread across the country that Zanaco has partnered with.
• Each applicant’s maximum amount is subject to 40% Debt Service Ratio.