About Us

Gadget Finance

A gadget loan is a financial product that allows you to access money for a specific type of gadget. Devices financed could be a phone or laptop, including other electronic devices

Interested in Gadget Financing?

Visit your nearest branch, reach out to your Relationship Manager or email our Vehicle and Asset Financing team directly.

FEATURES
  • Minimum Tenor – 6 months
  • Maximum Tenor – 24 months
  • Funding for new gadgets only
  • Deposit Requirements
    • No deposit for Retail clients
    • Minimum of 20% deposit for Business clients
  • Device to be sourced from Mobile Network Operator (MNO) or approved device supplier
  • 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

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.