Salary Based Loans for Civil Service Employees (salaries coming through ZNA and SSB)
These are available to all Civil service employees.
Qualification Criteria
Loans are salary based. Homelink deducts up to a maximum of 30% of applicant’s net salary.
Requirements for Loan Application
- ZNA and SSB members
- Loan agreement form.
- Copy of I.D
- Letter of employment
- Current payslip
|
Currency |
ZWL |
|
Interest rate |
11% - 12% pm |
|
Insurance |
2.1% |
|
Application fees |
ZWL$300 |
|
Arrangement fees |
4% |
|
Maximum Loan Amount |
Uncapped |
|
Maximum Repayment Period |
24 months |
- Interest rates remain at a scale of 11-12% depending on tenure
- Maximum loan amount is uncapped.
- Maximum repayment period remains at 12 months.
- 2% Government tax will still be deducted from the net disbursement amount
Salary Based Loan Calculator Download Application Form
Apply for a Loan Online Portal User Guide