Absa  and your employer bring you convenience and affordable banking with these products and services:
  • Transactional accounts embedded with funeral cover and retrenchment cover
  • Contactless cards to make tap-and-go payments
  • Savings and investment products and solutions
  • Personal loans
  •  Home loans
  • Vehicle loan
  • Credit card
  • Overdraft
  • Insurance
You can get all these and more with our array of distribution outlets:
  • Abby (WhatsApp Banking) is our 24/7 digital personal banker. Through Abby you can have access to a wide range of our products and services. Simply add the number +267 766 444 04 as a contact, open WhatsApp and say “Hello” to Abby and carry out your day-to-day transactional activities such as airtime purchases, bill payments, electronic fund transfers, etc.
  • No need to come to the branch; just log on to your internet banking, hello money or the Absa Bank App and bank on your own terms.
  • Contact our SkyBranch to manage your transactional account, apply for a credit card or top up your loan on 3159575.
Contact a relationship manager to find out more: 

Email:

 WorkplaceBankingBotswana@absa.africa

You can only access products and services if your employer has an existing

relationship with Absa.

Absa Direct Ultimate Account

  • What you get

    • Access to all our digital banking services
    • Free 1st chip-and-PIN Visa debit card
    • Free Absa ATM withdrawals
    • Free Absa point-of-sale transactions
    • Free Absa ATM mini-statements
    • Free Absa to Absa standing orders
    • Free cash and cheque deposits ( in branch)
    • Free income benefit of P7, 500 paid for 4 months following retrenchment. Total of P30,000 paid following retrenchment

  • What you need to know

    • This offer is exclusive to Absa Direct/Scheme Arrangement clientele
    • You need to earn a minimum income of P750

  • What to bring when you apply

    • Valid Omang for Batswana
    • Passport for non-citizens
    • Proof of address (water bill, electricity or phone bill or letter from your employer)
    • Proof of income: a copy of your latest pay slip or a letter from your employer
    • contract, work and/or residence permit for non-citizens

Personal loan

  • What you get

    • Borrowing from a minimum of P10, 000 up to P500, 000 with no security
    • Credit life insurance is offered to cover the loan in the case of a customer’s death or permanent disability
    • Includes accidental death cover of P10,000
    • In the event of a customer’s death or permanent disability, the total remaining balance will be settled by insurance
    • Retrenchment cover is offered to settle the total loan amount in case the client is retrenched.  (Mandatory to parastatals and private sector)

  • What you need to know

    • Repayment period of up to 72 months
    • Interest is linked to the prime rate
    • Instalment can either be deducted from source (scheme loan) or Absa salary account (Absa Direct loan)
    • Arrangement fees are applicable

  • What to bring when you apply

    Absa customers

    • Completed application form
    • Original  and current pay slip
    • Valid Identity card (nationals) or passport (non-nationals)
    • Scheme lending letter (scheme) or irrevocable salary mandate (Absa Direct) from the employer
    • Spousal consent (If married in community of property)
    • Marriage certificate
    • Form 16A (for those married out of community of property)

     

    Non-Absa customers 

    • Completed application form
    • Original  and current pay slip
    • Valid identity card (nationals) or passport (non-nationals)
    • Scheme lending letter (scheme) or irrevocable salary mandate (Absa Direct) from the employer
    • 3 months' bank statements (immediate past)
    • Spousal consent (If married in community of property)
    • Marriage certificate
    • Form 16A (for those married out of community of property)

Vehicle and asset finance loan

  • What you get

    • Attractive and competitive interest rates for financing up to 100%
    • In-house motor comprehensive insurance (The insurance payable varies according to the amount of loan and repayment term)
    • Repayment options up to 72 months for new vehicles
    • Include Accidental death benefit of P20,000
    • Retrenchment cover is offered to pay up to 12 months' instalments in case client is retrenched (optional)
       

  • What you need to know

    • Finance available between P75,000 and P1,500 000
    • Arrangement fee applicable
    • Approval within 72 hours if all documents submitted
    • Deposit required  for new and pre-owned vehicles
    • Motor vehicles must be registered in the name of the applicant with the bank’s financial interest noted until the loan is fully paid
    • Only vehicles from the Absa recognised vendors will be financed. We do not finance grey imports, but we do finance cross-border imports
    • Facility will be considered for valid driving licence holders only
    • Optional retrenchment cover

  • What to bring when you apply

    • Quotation from bank-approved dealer
    • Completed application
    • Original current payslip
    • Valid driver’s licence
    • Valid identity card (nationals) or passport (non-nationals)
    • Scheme lending letter or irrevocable salary mandate
    • Second-hand vehicle application should be accompanied by roadworthiness certificate, vehicle valuation certification from authorised motor dealer and a certified copy of the vehicle registration
    • Settlement balance if still has financial interest

Mortgage loan

  • What you get

    • Finance available between P100 000 and P10 000 000
    • We provide property finance in urban areas, semi urban areas, and major villages around the country
    • Purchase and building, as well as equity release and refinancing loans are available
    • Death benefit of  BWP30 000.00  is payable for accidental death
    • Retrenchment cover is offered to pay up to 12 months' instalments in case client is retrenched (optional)

  • What you need to know

    • We offer 105% financing on purchase and building loans for first-time home owners (Currently available for Gaborone/Greater Gaborone, Francistown/Tati Siding and Palapye/Mahalapye)
    • We offer up to 80% of offer price for purchase and up to  70% on building loans
    •  We offer equity release  and or refinancing up to 75% of the value of the property

  • What to bring when you apply

    • Latest salary payslip
    • Omang for Batswana
    • ID or passport for non-citizens
    • Title deed and valuation report
    • Approved plans and bill of quantities for building
    • Agreement/Offer letter of property sold/bought
    • Up-to-date rates payments confirmation
    • 6 months' bank statements for non-Absa salaried customers (immediate past)
    •  Spousal consent (if married in community of property )
    • Marriage certificate
    • Form 16A (if married out of community of community of property)

Serala Savings Account

  • What you get

    • Debit card and access to digital channels
    • Interest calculated daily
    • Interest paid quarterly
    • Bonus interest of 125% paid if no withdrawals are made within a quarter
    • No maintenance fee charged
    • One free withdrawal in a quarter, subsequent ones charged a  penalty fee of P33.99

  • What you need to know

    • Opening balance of P100
    • Minimum operating balance is P100
    • Minimum balance for interest is  P100

  • What to bring when you apply

    • Valid Omang for Batswana
    • Passport for non-citizens
    • Proof of address (water bill, electricity or phone bill or letter from your employer)
    • Proof of income: a copy of your latest pay slip or a letter from your employer
    • Contract, work and/or residence permit for non-citizens
    • Minimum account opening amount
Need more help?

Call us on:
+2673159575 (Contact centre)
0800 600 444 (BTC Toll Free)
150 (Mascom Toll Free)

Email us:
Botswana.CustomerService@absa.africa