Get discounted rates if you are employed by one of Absa's listed scheme agreement companies

    Monthly instalments to repay your loan are deducted directly from your salary by your employer

    Borrow up to P700,000 with no security required

    Enjoy competitive interest rates and loan fees

    Flexible repayment periods range from 12 to 96 months, provided the loan end date is before retirement or expiry of contract

    Retrenchment insurance cover is offered to secure your loan

    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 a customer’s death or permanent disability

    Quick and easy approval process

    Requirements

    Your employer must have a scheme agreement with Absa

    Absa Bank salary account holders and non-Absa Bank salary account holders can apply

    No collateral or security is needed to apply for the loan

    Apply online

    Resume application

    Review application

    • Documents required

      • Original recent Payslip
      • Valid Identity Card / Omang(nationals)
      • For non–citizens; passport, valid work and residence permit
      • Confirmation of employment
      • 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 you are married out of community of property
      • Credit Life is compulsory
      • Scheme Membership Letter
    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