Personal Loans

This is a credit facility offered to customers with fixed income, like salaried persons, retirement benefits, monthly pension payments, rental incomes, informal/formal sector incomes, etc.

The loan facility is usually intended to meet a customer’s pressing and unforeseen commitments, such as medical expenses, school fees, travel costs, emergencies, etc.

The credit process begins with a written application specifying the amount, purpose, repayment source and period from the customer to the Bank. In addition, the applicant is also required to fill Personal Loan Applications.

General Requirements

Salaried Personal Loans

The employer shall sign and seal or stamp the application form. The application form should be accompanied by the following documents:

  • Personal loan application form
  • Application Letter
  • 2 passport size photos
  • Photocopy of identity card
  • Three months salary slip
  • Employment contract
  • Employer commitment to channel monthly salary to Azania Bank Limited during loan repayment period.

In order to access this product please contact our nearest branch (link to contacts page)

Non Salaried Personal Loans

  • Personal loan application form
  • Application Letter
  • 2 passport size photos
  • Photocopy of identity card
  • Photocopy of title deed (Certificate of Right of Occupancy) with lease hold remaining not less than three years or other collateral accepted by the Bank
  • Account operation with Azania Bank Limited not less than six month and/or one year bank statement from other banks
  • Reliable sources of income to service the loan
  • Maximum repayment period of 3 years
  • Photocopy of business license
  • Photocopy of Certificate of TIN
  • Cash flow projections for the next 12 months

In order to access this product please contact our nearest branch Click Here