Easily get a starter loan if you’ve graduated from a recognised tertiary institution within the past three years

    Borrow up to P75,000 at competitive rates with no security required

    Competitive interest rates and loan fees apply

    We offer support to help you manage your loan easily

    Flexible repayment periods range from 12 to 48 months, provided the loan end date is before expiry of contract

    Retrenchment insurance cover is offered to secure your loan against retrenchment

    In the event of a retrenchment the total outstanding balance of your loan will be settled by the insurer

    Credit life insurance is offered to cover the loan in the case of death or permanent disability

    It's a quick approval process

    Requirements

    Available to credit-worthy salaried customers who are employed permanently or on a contract basis

    Existing and new salary account holders can apply

    No collateral or security needed to apply for the loan

    To pay your loan, a monthly stop order is required to deduct the loan instalment from your salary account

    To qualify you must have graduated from a recognised tertiary institution within the past 3 years

    Let us contact you

    • Documents required

      • Original recent Payslip
      • Valid Identity Card / Omang(nationals)
      • For non–citizens; passport, valid work, and residence permit
      • Confirmation of employment
      • If new to employment confirmation of employment letter should indicate on-going probation or completion
      • Confirmation of physical address
      • Salary account with Absa Bank or three months bank statements from your current bank
      • Copy of your contract if you are employed on a contract basis
      • Marriage certificate if you are married
      • Spouse consent form (if married in community of property)
      • Form A if married out of community of property
      • Credit life is compulsory
    Need more help?

    Call us on:
    +2673159575 (Contact centre)
    0800 600 444 (BTC Toll Free)
    150 (Mascom Toll Free)

    Email us:
    Botswana.CustomerService@absa.africa