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Instant Loan

Instant Loan

Instant Loan

With the LUBANE SACCO Mobile App and USSD Code *150#, our members can conveniently transact from the comfort of their homes or workplaces.

Members can access loans of up to E3,000.00, payable over 6 months. For an initial loan amount of E3,000.00, the monthly repayment would be E591.05.

Requirements for Accessing 24/7 Instant Loans:

  1. Active Primary Membership
  2. Payment of Joining Fee (E500.00) and Subscriptions (E400.00)
  3. Minimum Ordinary Savings of E5,000.00 and Share Capital Account of E1,800.00
  4. A good credit record

Steps to Access an Instant Loan:
To access the Instant Loan feature, members must first activate their Mobile App and USSD *150#. To activate your self-service platform, please send your MTN number, ID number, and Membership Number to marketing@lubane.co.sz.

Accessing your loan:

  1. Step 1: Log in to the LUBANE SACCO Mobile App and enter your LUBANE SACCO PIN.
  2. Step 2: Click on "Loans."
  3. Step 3: Select "Request Loans."
  4. Step 4: Complete the Loan Request Section (choose Loan Product "QuickCash/Instant Loan", Destination Account "Member's Current Account", and Amount to Borrow "Input Amount").
  5. Step 5: Click "Continue" and enter your SACCO PIN.

Note: Funds will be deposited into your LUBANE SACCO Account, and members can withdraw funds to their Mobile Money Account.

The borrowed amount will be deducted from the member's salary each month through either source deduction or debit order.

For assistance,

Contact (+268) 2417 1802 / 2416 1836 / 7865 1899

Email: admin@lubane.co.sz / marketing@lubane.co.sz

WhatsApp: (+268) 7984 5636.