Education Loans
Product aimed at working professionals and business individuals with kids or dependents in school (restricted to schools in Zambia), or in School themselves advancing their studies
R.A.C:
- Salary Backed (If loan holder works for organization with an MOU with BML), backed by acceptable security and/or post-dated cheque.
- Instalment plan available (max. 2 instalments)
- Confirmation of school place i.e. letter from authorized school signatory or offer letter
- Confirmed/ stamped schedule of school fees
- Favorable interest rates (preferably lower than other products)
- Funds paid directly to the school account