Personal Loan

For meeting personal needs such as purchase of furniture/ equipments, meeting social obligations , repair of house etc.

  • Employees on salaries with 50% debt ratio.
  • T-pin
  • Applicant must have a salary account with the bank.
  • Loan amount linked with the monthly salary or regular income subject to repayment capacity.
  • Monthly loan installment not to exceed maximum 60% of the salary net of statutory deductions.
  • Applicant must be between 21 and 57 years.
  • Loans have tenure of up to 36 months.
  • Applicant must have accrued terminal benefits or gratuity.
  • Administration fee of minimum K50 up to maximum K200 – flat fee on each successful application.
  • Easy access.
  • Quick processing time.
  • Competitive rates of interest.
  • Flexible repayment terms.
  • Available across all branch networks of the bank.
  • Linked to monthly gross/net salary or income and repaying capacity.
  • Maximum 36 months.
  • BOZ policy rate plus margin.
  • Undertaking from employer for recovery.
  • 2.5 to 3 %.

In case of more number of employees MOUs can be arranged with the respective employers. Please contact your nearest branch for further details.

SECURE YOUR CHILDS FUTURE WITH OUR

SAVE PLUS ACCOUNT.

Exclusively designed savings account to inculcate savings habits in parents and guardians for their children. This savings account offers attractive interest rates and other benefits to realize your savings goals with other value added features such as IZB Contactless Visa Card, SMS Alert, Mobile and Internet Banking facility.

SECURE YOUR CHILDS FUTURE WITH OUR

PRIVILEGE SAVINGS ACCOUNT

This savings account comes with a cheque book facility I addition to other features such as SMS Alerts, Internet Banking and the IZB Contactless Visa  Card and is an interest bearing savings account.

SECURE YOUR CHILDS FUTURE WITH OUR

CLASSIC SAVINGS ACCOUNT

Sign up for our standard level savings account with value added features of SMS alerts, Internet Banking with the IZB Contactless Visa Card facilities and is as an interest bearing savings account.

CONTACT CUSTOMER CARE

What can Indo Zambia Bank do to better serve your needs? Click the link Below for our Agents to serve you online.