ZamLoan review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

ZamLoan suits salaried Zambian borrowers who want a personal loan repaid straight from their payslip. It is a direct lender with funding within 1 hour of applying, so the trade-off you weigh is speed against a hard credit search and a payment taken from your pay.

Key facts

Best for
Salaried borrowers in Zambia who want a personal loan repaid through payroll deduction.
Loan amount
ZMW 5,000 to ZMW 100,000 (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
within 1 hour of applying (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Salaried applicants; loan recovered through PEMC/payroll deduction (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Legal entity
Biu Capital Limited (Source, checked September 26, 2026)
Headquarters
Zambia (Source, checked September 26, 2026)
Founded
2019 (Source, checked September 26, 2026)
Support channels
Phone, Email, Chat, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
zamloan.com

Apps and profiles

Elsewhere
WikidataWikipediaX

Pros and cons

Pros

  • Funding lands within 1 hour of applying, and same-day funding is listed in its features (same day funding)
  • Personal loans of ZMW 5,000 to ZMW 100,000 for salaried applicants
  • Lends as a direct lender (direct lender), so no broker sits in the middle
  • Support runs on phone, email and chat

Cons

  • The credit check is hard (hard), so a decline is recorded on your credit file
  • Repayment is recovered through PEMC payroll deduction, so the payment stays tied to your employer's payroll
  • Debt consolidation is not among its loan types (personal), so the range covers personal borrowing only

Ready to try ZamLoan?

Scored 9.1 / 10 by BorrowCue.

See alternatives

Who it suits

  • Salaried employees whose employer recovers the loan through PEMC
  • Borrowers who value speed over a softer credit check
  • People who prefer a direct lender to a broker

Who should look elsewhere

  • Self-employed applicants, since ZamLoan lends to salaried staff and recovers the loan through PEMC payroll deduction
  • Borrowers after a debt consolidation loan, since debt consolidation is not among its loan types (personal)
  • Anyone who wants to set their own payment schedule, since the loan is recovered through PEMC payroll deduction

How your money is protected

ZamLoan lends as a direct lender (direct lender) rather than a broker, so the agreement sits between you and the lender itself, with no intermediary choosing the product or the rate. In Zambia the Bank of Zambia is the regulator for the market. Dealing with a direct lender also means the credit check and the repayment terms are set on the lender's own paperwork, so read both before you apply.

The company behind it

The lender behind ZamLoan is Biu Capital Limited, the legal entity named in its terms, with headquarters in Zambia and a founding date of 2019. Support runs on phone, email and chat, so phone, email, live chat and the help centre are all available to borrowers. Because the money comes straight from the lender, questions about the loan and the application run through the same team.

How ZamLoan compares

Where ZamLoan is available

Available
Zambia
Licence in Zambia
Bank of Zambia, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How fast does ZamLoan send the money?+

ZamLoan states funding lands within 1 hour of applying, and same-day funding is listed among its features (same day funding). The other thing that shapes the wait is the hard credit check, which has to clear before anything is released. Payroll-deducted repayment also means the money arrives without you setting up a transfer.

How much can I borrow from ZamLoan?+

Personal loans run ZMW 5,000 to ZMW 100,000 under the headline terms. What you are actually offered depends on your salary and on what your employer allows to be recovered through PEMC payroll deduction, so the published range is a starting point rather than a promise.

Who can apply for a ZamLoan loan?+

ZamLoan lists salaried applicants as the group it lends to, which narrows who can apply at all. The same detail says the loan is recovered through PEMC payroll deduction, so your employer has to be part of the arrangement and salary status is the requirement to check.

How is the loan repaid?+

Repayment is taken as a payroll deduction through PEMC rather than a monthly payment you set up and pay yourself. That keeps the account simple and cuts the chance of a missed payment, but the amount and the timing stay with your employer.

Does ZamLoan run a credit check?+

The credit check is hard (hard), which is the same check set out in the terms. A hard search is recorded against your credit file, so it is worth reading the terms before applying. Salary status decides who can take the search at all.

Who regulates ZamLoan?+

ZamLoan is a direct lender (direct lender) based in Zambia, and the Bank of Zambia is the regulator named for that market. The loans are made by Biu Capital Limited, founded in 2019, so the contract runs with that company rather than with a broker.

What kinds of loan does ZamLoan give?+

The listed loan types (personal) cover personal loans, and personal lending is the whole range shown. A borrower after debt consolidation, a secured loan or a revolving credit line finds nothing in this product line, so a different lender makes more sense.

How do I get help from ZamLoan?+

Support runs on phone, email and chat, so there is a phone line, an email address, live chat and a help centre to work through. Phone and email cover most questions, and the help centre is the place to check wording on eligibility or on how much your employer will allow to be recovered.

Sources

  • zamloan.co.zm/help checked September 26, 2026

    Backs: Eligibility, Funding time

    “This simply means that it's a long-term loan that will be recovered though PEMC /Salary deduction”

  • zamloan.com checked September 26, 2026

    Backs: Loan amount, Features, Founded, Headquarters, Legal entity, Lender type, Loan types, Support channels, Licences

    “Get a payroll loan for K5,000 to K100,000”

  • zamloan.com/terms checked September 26, 2026

    Backs: Credit check

    “ZamLoan to obtain your credit report and share your loan, repayment and default information with a Credit Reference Bureau”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Term, Arrangement fee, Representative example.

Related by the facts

ZamLoan

Salaried borrowers in Zambia who want a personal loan repaid through payroll deduction.

9.1/10See alternatives

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