• How it works

    Benefits of this loan
    • Affordable interest rate
    • Short-term loan tenor of up to 6 years
    • Customers can borrow up to 400 million
    • No insuarance fee is charged
    • Secure the loan with either an FDR, government bond or a property
    • Flexible and affordable monthly repayments through an automated STO
    Requirements for this loan
    • You must be  a Prestige or Premier customer with Absa
    • Security must be pledged to the bank before the loan is issued

  • Documents required

    • National ID card/passport/voter's ID or driving license
    • Latest payslip 
    • Completed loan application form
    • Bank statements (if required)

Use our personal loan calculator

Need more help?

Call us:
0800750078 (Toll free)
+255 (0)746 882 000 (Network charges apply)

Email us:

talktous@absa.co.tz