Get a personal loan to finance your plans and projects, or to help you in case of unexpected expenses. We offer a simple application process and quick approval plus advanced support to manage your loans easily.

For salaried employees

  • Borrow up to TZS150 million
  • Repayment of 6 - 72 months for a Direct loan
  • Repayment of 12 - 72 months for a Pensioner loan (ability to top up after just 6 months)
  • Affordable credit life insurance cover against death, permanent disability and retrenchment
  • No collateral or security needed
  • Direct loan is available to permanently employed and contract workers. Your salary must be paid into an Absa account with at least one month's salary credit
  • Pensioners loan is available to people between ages 55 to 70. Evidence of fixed monthly pension required, and pension must be paid into an Absa account

For government employees 

  • Access bigger loans at an affordable price and faster turnaround time
  • Competitive interest rates of 15% on a reducing balance
  • Turnaround time of 24 hours (the best in the market)
  • Affordable monthly repayments
  • Extend your tenor of 84 months
  • Top up after every 6 months and get any unused credit life insurance premium refunded
  • No collateral or security needed to apply for the loan
  • Must be a confirmed government employee
  • Must be of age between 18 and 59 years
  • Your office must have signed an agreement with Absa Bank to offer loans to its employees
Need more help?

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

Email us: