Personal Loan

A Personal Loan is an unsecured credit facility which has a fixed term with fixed monthly repayments. The monthly installment is deducted through a standing order arrangement from the current account.


Qualifying Criteria

  • ID document (Passport, resident permit, and work permit for Non-citizens).
  • Employment Contract (Non-Citizens).
  • Payslip/proof of income
  • Proof of Physical Address (e.g. Current utility bill, letter from the local chief and Council rates invoice not older than 3 months) not older than three months.
  • Consent of spouse married in community contract


New customers will be requested to submit 6 months bank statements and open a current account with BancABC. The loan will be paid out once the customer's first salary has been credited into the account.

  • Option to choose repayment period.
  • Competitive Interest rates.
  • Strengthens cash flow.
  • Personalized Relationship Management.
  • No security required.
  • Min lending amount - P10, 000.
  • Max lending amount - P150, 000.
  • Interest rate - Prime Linked.
  • Min repayment period - 12 months and max period - 60 months.
  • Repayments deducted directly from current account.
  • Interest accrued daily and charged monthly
  • Credit Life insurance 



For secure, convenient fast and reliable 24 hour banking

Global Banking and Finance Review 2014
  • Best Retail Bank Botswana 2014
  • Best SME Bank Botswana 2014

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BancABC aims to provide the investor community with transparent and timeous information. This is undertaken through a proactive process whereby information is continually and broadly disseminated to the financial community and the investing public, ensuring that the Group is accurately valued in the marketplace...

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