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Salary Based Loans

loans

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

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