K197,079paid back on a K100,000 loan over 5 years (worked example)
What a loan really costs
Borrow K100,000 over 5 years: K95,000 lands in your account, and you pay back K197,079. Four things decide what your loan costs.
Money facts for Zambia
money moves.
Know what your money really costs. Short facts with real numbers, and the official source for each one.
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K1,800a year at the most expensive banks
What your bank charges you every month
Some banks charge K0 a month for a basic current account. Others charge K150. That is K1,800 a year, only to keep the account open.
4xthe 2024 levy on everyday transfers
The mobile money levy is 4 times what it was in 2024
In 2024, the government levy on a K100 transfer was K0.08. In 2026 it is K0.32. Here is what changed, and how to pay less.
K2.50to withdraw K20
5 mobile money habits that cost you money
Withdrawing K20 costs K2.50. Small changes to how you send and withdraw can save you money every week.
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