MOST POPULAR

Civil Servants Payroll Loan

Exclusively designed for Malawi's dedicated civil servants. Get quick access to funds with our most competitive interest rate.

6.5%

Interest Rate

MWK 1M

Maximum Loan

12 Months

Maximum Tenure
Apply for This Loan

Loan Details

Target Group

All Malawi civil servants

Calculation Method

Reducing balance (fair and transparent)

Loan Amount
  • Minimum: MWK 50,000
  • Maximum: MWK 1,000,000
Repayment Period
  • Minimum: 3 months
  • Maximum: 12 months
Fees & Charges
  • Processing fee: 6.5% (one-off)
  • Insurance: 2% (one-off)
  • No hidden charges
Assessment

50% government rule on take-home pay (Affordability test mandatory)

Required Documents

Payslip
Current payslip
Employment Number
Government ID
National ID
Copy required
Loan Form
Duly filled

FOR PRIVATE SECTOR

Employer Supported Payroll Loan

Designed for permanent employees in the private sector. Higher loan limits with employer support for seamless repayment.

8.0%

Interest Rate

MWK 2M

Maximum Loan

12 Months

Maximum Tenure
Apply for This Loan

Loan Details

Target Group

All permanent privately employed staff

Calculation Method

Reducing balance (fair and transparent)

Loan Amount
  • Minimum: MWK 50,000
  • Maximum: MWK 2,000,000
Repayment Period
  • Minimum: 3 months
  • Maximum: 12 months
Fees & Charges
  • Processing fee: 6.5% (one-off)
  • Insurance: 2% (one-off)
  • No hidden charges
Assessment

50% government rule on take-home pay (Affordability test mandatory)

Required Documents

Payslip
Current payslip
Company Letter
Employment & salary deduction confirmation
MOU
Memorandum of Understanding
National ID
Copy required
Loan Form
Duly filled

Loan Calculator

Estimate your monthly payments and total loan cost

Min: MWK 50,000 | Max: MWK 2,000,000
3 months 6 months 12 months

Your Loan Summary
Monthly Payment

MWK 0

Total Interest

MWK 0

Processing Fee (6.5%)

MWK 0

Insurance (2%)

MWK 0

Total Amount to Repay

MWK 0

Loan Benefits

Why our payroll loans are the best choice for you

Reducing Balance

Interest calculated on remaining balance only, saving you money over time

Flexible Tenure

Choose a repayment period that suits your budget, from 3 to 12 months

Insurance Included

All loans come with insurance coverage for your peace of mind

Clear Schedule

Detailed repayment schedule provided upfront for transparency

Direct Deduction

Automatic payroll deduction ensures you never miss a payment

No Hidden Fees

All costs disclosed upfront with complete transparency

Ready to Apply?

Get started today and receive funds in your account within 48 hours