Civil Servant Loans in Zambia: questions
How do civil servant loans work in Zambia?
The lender signs a payroll agreement with your employer. Each month your employer deducts the instalment from your salary and sends it to the lender. You need a payslip, NRC and usually 3–6 months in employment.
How much can a civil servant borrow?
Listed payroll loans range from around K500 (Pumnat Finance) to K100,000 (Zamloan). Your actual offer depends on your net salary and existing deductions.
Can I have two payroll loans at once?
Yes, and that is how people get into trouble. Each lender deducts separately. Add up every deduction on your payslip before taking another loan.
What happens if I leave government employment?
The payroll deduction stops and the lender will chase you directly, usually with penalties. Tell the lender immediately and agree a manual repayment plan.
Civil servant loans
Pumnat Finance Civil Servant LoanK500–K250,000⏱48 hourswebDuration: 36 months · Lusaka · Copperbelt · Central +7 moreZammoney Instant LoanK500–K2,000⏱5 minutesOnlinewebappRate: 29% (period not specified) · Duration: 30 days · Lusaka · Copperbelt · Southern +7 moreExpressCredit GRZ LoanK200–K100,000⏱24 hoursOnlinewebussdbranchRate: 84% (period not specified) · Duration: 24 months · Lusaka · Copperbelt · Southern +7 moreUnifi Credit Cash LoanK1,000–K100,000⏱24 hoursOnlinebranchappwebRate: 65% (period not specified) · Duration: 3 months · Lusaka · Copperbelt · Southern +2 moreBiuMoney Salary AdvanceK1,000–K100,000⏱5 minutesOnlinewebappRate: 29% (period not specified) · Duration: 91 days · Lusaka · Copperbelt · Southern +7 moreTandiza Finance Payroll LoanK1,000–K50,000⏱24 hourswebbranchRate: 5% (period not specified) · Duration: 3 months · Lusaka · Copperbelt · Southern +7 moreZanaco Scheme LoanK5,000–K850,000⏱3–5 dayswebRate: 23% (period not specified) · Duration: Up to 72 months · Lusaka · Copperbelt · Southern +7 moreZanaco GRZ Bond-Backed Loan⏱3–5 dayswebRate: 10% (period not specified) · LusakaBayport Zambia Payroll LoanK1,000–K400,000⏱24–48 hourswebRate: 10% (period not specified) · Duration: Up to 60 months · Lusaka · Copperbelt · Southern +2 moreBayport Zambia Civil Servants LoanK5,000–K500,000⏱24–48 hourswebRate: 10% (period not specified) · Duration: Up to 84 months · Lusaka · Copperbelt · Southern +7 moreIzwe Loans Salary AdvanceUp to K3,500⏱1–3 dayswebRate: 62.35% (period not specified) · Duration: 1–3 months · Lusaka · CopperbeltPSMFC Civil Servant LoanK5,000–K50,000⏱5–10 dayswebRate: 5% per year · Duration: Up to 60 months · Lusaka · Copperbelt · Southern +7 moreLupiya Civil Servant LoanK500–K250,000⏱24–48 hoursOnlinewebRate: 24% (period not specified) · Lusaka · Copperbelt · Southern +7 more
Personal & salary-backed loans
Zanaco School Fees LoanK5,000–K15,000webDuration: Up to 1 yearStanbic School Fees LoanUp to K800,000webExpressCredit Open Market LoanK200–K20,000⏱24 hoursOnlinewebbranchRate: 84% (period not specified) · Duration: 12 months · Lusaka · Copperbelt · Southern +1 morePremierCredit Zambia PaydayK500–K20,000⏱24 hoursOnlineappbranchussdRate: 12% (period not specified) · Duration: 30 days · Lusaka · Copperbelt · Southern +1 moreUnifi Credit Personal LoanK300–K42,000⏱24–48 hourswebRate: 65% (period not specified) · Duration: 3–12 months · Lusaka · Copperbelt · Southern +2 moreStanbic Personal LoanUp to K800,000⏱1–3 dayswebRate: 10% (period not specified) · Lusaka · Copperbelt · Southern +7 moreABSA Zambia Personal LoanK1,000–K500,000⏱3–5 dayswebRate: 10% (period not specified) · Duration: 12–60 months · Lusaka · Copperbelt · Southern +7 moreABSA Zambia Education LoanK5,000–K200,000⏱3–5 dayswebRate: 10% (period not specified) · Duration: Up to 36 months · Lusaka · Copperbelt · Southern +2 moreIzwe Loans Personal LoanK1,000–K150,000⏱1–3 dayswebRate: 62.35% (period not specified) · Duration: Up to 60 months · Lusaka · Copperbelt · Southern +1 moreMadison Finance Personal LoanK1,000–K300,000⏱2–5 dayswebRate: 10% (period not specified) · Duration: 12–48 months · Lusaka · CopperbeltAtlas Mara Personal LoanK1,000–K350,000⏱2–5 dayswebRate: 10% (period not specified) · Duration: 12–48 months · Lusaka · CopperbeltAtlas Mara Personal Loan (Large)K1,000–K500,000⏱2–5 dayswebRate: 10% (period not specified) · Duration: 12–60 months · LusakaLupiya Collateral-Backed Loan⏱24–48 hoursOnlinewebRate: 24% (period not specified) · Lusaka · Copperbelt · Southern +2 more
