• Call Us+260 211 224 653 / 225 080
  • Email at izb@izb.co.zm
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Term Loan

A facility payable in 36 or more no. of installments

Purpose

  • To acquire fixed assets like vehicle, plant & machinery, land & building, furniture & fixture and other fixed assets for business.

Quantum of Finance

  • Need based subject to cost of the project and repaying capacity/income generation

Margin /Promoter’s contribution

  • Minimum 20%

Repayment Period

  • 36 months to 60 months

Rate of Interest

  • BOZ policy rate plus margin

Security

  • Mortgage of property/ Debenture of immoveable and moveable assets/Liquid security etc.

Processing Fee

  • 2.5% to 3% upfront

Please contact your nearest branch for further details.