• How it works

    Benefits of this loan
    • Borrow up to $50,000 to solve short-term cash needs as they come
    • Enjoy flexible repayment periods of 12 months - 48 months
    • Flexible monthly repayment of up to 50% of your monthly income paid through Absa account
    • Competitive interest rates
    • Affordable credit life insurance against permanent disability and death
    • Free and quick application process
    • Avoid currency mismatch and borrow in same currency as your income
    Requirements for this loan
    • You must be a Prestige or Premier customer receiving your salary in USD                                             
    • You must have a minimum salary of $850
    • Absa needs to see at least one salary pass in your account before loan is issued

  • Documents required

    • National ID card/passport/voter's ID or driving license
    • Completed loan application form
    • Latest 3 months' salaryslips
    • Introduction letter from employer

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