Consumer Loans

Service/Product Target (Who Is The User In Mind)

Product Attributes/ Features: How Does The Product Work?

  • Min – MK100,000
  • Max – MK3,000,000, unsecured
  • Repayment amount not to exceed 30% of salary
  • Maximum repayment period of 36months
  • To be covered under bancassurance for death and permanent disability
  • Unsecured loan of up to MK3 million
  • Can be topped up after paying 50%
  • Second loan is accessible as long as repayment remains at 30% of net income
  • Can be repaid before expiry at no cost

Costs To Access The Product

  • Interest at RBM reference rate +11% pa
  • Processing fees apply

How To Access Product

  • Fill a credit application forms and ADV 4 forms
  • Submit latest payslip
  • Submit sketch map
  • Customer ID
  • Submit letter of undertaking from employer.
  • Utility Bill

Terms and Conditions

Customer to provide for monthly repayments



To be the most successful financial institution in Malawi with an internationally visible presence.

Mission Statement

To provide outstanding and inclusive financial solutions that deliver sustained stakeholder value.