CBZ salary based loans

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Requirements for applying for a CBZ salary based loan

  • A passport size photo
  • A confirmation letter of employment
  • Proof of residence that is not more than 3 months old
  • 3 consecutive payslips. 

The recent payslip (one-month-old payslip) should be original

  • A CBZ account which has been active for 3 months
  • Bank statement for 3 months

The bank statement should show that your salary has gone through a CBZ account for 3 months.

  • You should be aged between 18 and 65 years

Loan conditions of CBZ’s salary based loan

  • Maximum amount to borrow

You can borrow as much as 3 times more than your basic salary.

Between 40% to 50%

  • Maximum repayment period

The loan is repaid in monthly installments for 24 months regardless of the amount you borrow.

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