Personal Banking › Loans
Kachangu Personal Loan
A digital personal loan acquired online, available to salaried customers whose companies or organisations have MOUs with the Bank. Unsecured, with insurance life cover in case of death or permanent disability.
Benefits
Easy & Convenient
Apply in the comfort of your own home, office, or anywhere.
Available 24/7
Access the loan application at any time, day or night.
Zero Paperwork
Fully digital process with no physical documents required.
Instant Disbursement
Funds are disbursed instantly upon approval.
Minimum Processing Time
Get your loan processed in less than 10 minutes.
Loan Details
Minimum
MWK 100,000
Maximum
MWK 15,000,000
HNI Maximum
MWK 45,000,000
Loan Term
60 Months
Instalment-to-income ratio of 50% applies.
Charges
Processing Fee
2%
CRB Fee
As applicable
Retrenchment Cover
0.2%
Life Cover
1.74%
Loan Requirements
- Salary account with the bank
- Clean CRB report
- Record of 3 salary transactions in the system
- National ID
- Salary processed by the bank / salary file upload
Target Customers
- Salaried customers whose schemes are available on Employers Portal
Complaints Handling
- Call Centre — 322
- Walk-in Branch
- Emails
Got Questions About Kachangu?
Find quick answers to help you understand how the Kachangu Personal Loan works and how it can support your needs.
The Kachangu Personal Loan is a flexible loan offered by NBS Bank Malawi designed to help individuals meet personal financial needs such as school fees, home improvements, or emergencies.
Eligibility is typically open to salaried employees, business owners, and individuals with a steady source of income who meet the bank’s lending requirements.
The loan amount depends on your income level, repayment capacity, and the bank’s assessment, but it is structured to offer affordable and manageable financing.
Repayment periods are flexible and can be spread over several months or years, depending on the loan agreement and your financial situation.
Common requirements include a valid ID, proof of income (such as payslips or bank statements), and a completed loan application form.
Loan approval timelines vary, but once all required documents are submitted and verified, processing is typically quick to ensure timely access to funds.
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