Apply In Person

1. The application for a Pensioners Loan with the Botswana Savings Bank shall be made through any of the Botswana Savings Bank (BSB) branch offices. BSB Contact Details
2. Applicants should visit the nearest Botswana Savings Bank (BSB) branch offices and confirm with a BBS Consultant, how much they qualified to apply.
3. Collect the following forms, the BSB Account Application Form, BSB Spousal Consent form, Employment Confirmation Form, and BSB Stop Order Deduction Form, obtainable for free at any of the BSB branch offices customer care desk, or download it via the BSB website, BSB downloadable forms, or download them directly using these links,
   • Account Application Form
   • BSB Stop Order Deduction Form To be completed and signed by the Applicant.
   • BSB Spousal Consent form To be completed and signed by the spouse (if married)
   • Employment confirmation form To be completed, signed, and stamped by an authorized person at work.
4. Fill out the application form, keenly read the “Declaration and Acceptance” section of the form before making the declaration, as this is where the bank asks you to confirm that you read disclosure documentation describing fees, liabilities, and how the loan interest is calculated, etc. If need any assistance please do not hesitate to ask the customer care staff.
5. Submit the duly completed application forms in all respect, attached to the supporting documentation as mentioned under the “Required Documents” section of this page to the nearest BSB branch office, consultant for processing.
   Note: A transactional account is mandatory for loan processing.
6. After 12 hours, the loan will be approved and funds transferred into the customer transactional account, provided all the necessary documents are availed. The customer should then check in their account to withdraw the cash.

• 2 Certified Copy of National Identity card/ Omang.
• Certified Recent 6 Months Bank Statement which includes 6 salaries
• Recent Pay Slip – Original
• Confirmation of residence e.g. Police affidavit or BPC Bill stating plot number WUC or BPC Bill stating plot number.
• Two-month bank statement ( for those with Motheo, or 3 months for new clients)
• Certified Copy of Marriage Cert, ID of Spouse & Consent form. (If married)
• Loan Settlement Bal. & Loan Stmnt of loans to be clear.
• If on Contract, a letter stating when term starts & ends.
• Confirmation letter/form if employed less than 1 year 9.

NOTE:

• All copies must be certified via stamp & signature.
• For top-up bring 3 months' bank statements.

Botswana Savings Bank (BSB)
Gaborone Office,
Headquarters
Physical: BSB Tshomarelo House,
Corner Lekgarapa/Letswai Road
Plot 53796 Broadhurst Mall,
Gaborone,
Botswana
Postal: P. O. Box 1150
Gaborone, Botswana
Tel: +267 367 0000 / 367 0001
Fax: +267 395 2608
Email Address: info@bsb.co.bw

Francistown Office,
Main Branch
Physical: BSB Tshomarelo House,
Corner Lekgarapa/Letswai Road
Plot 53796 Broadhurst Mall,
Gaborone, Botswana
Postal: P. O. Box 1150 Gaborone, Botswana
Tel: +267 242 1616
Fax: +267 242 1621
BSB Contact Details
BSB Branches Map Location
BSB website

Working Hours:

• Mon - Fri 8:00am - 5:00pm & Sat 8:00am - 12:00pm (Operations)
  
• Mon - Fri 8:15am - 3:45pm & Sat 8:15am - 11:15pm (Banking)
  
• Mon - Fri 8:30am - 3:30pm & Sat 8:30am - 11:00pm (Loans)
  
• Sunday & Public Holidays [Closed]
  

Applicants should meet the following criteria to be eligible,

• Applicants should have an active account with the BSB.
• Pension income ONLY
• 100% secured loan against personal savings- all products in our books
• Interest on the loan is Prime+3.0%
• Credit Life Compulsory through BSB or self-arranged.
• Cession with BSB as an assignee to be submitted before disbursement.

BSB Tariff Guide 2020

• The loan repayment period is 4 years and is also subjected to the age of 65 years.

Account Application Form

BSB Stop Order Deduction Form To be completed and signed by the Applicant.

BSB Spousal Consent form To be completed and signed by the spouse (if married)

Employment confirmation form To be completed, signed, and stamped by an authorized person at work.

BBS Loan Checklist

Please attach sample completed documents that would help other people.

• The time frame for processing the loan request is 12 working hours.

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

• Full name of the applicant
• Date of birth/Gender
• Nationality
• Country of origin
• Contact details.
• Employment details
• next of kin/spouse details
• Type of loan applying for.
• Purpose of Loan
• Requested Loan Amount Incl. of Insurance & Fees.
• Repayment Period (Months)
• Declaration by the applicant/Spouse/Employer

• Pensioners Loan is a personal loan scheme that is specifically designed for employees and is issued for the purpose of meeting personal needs such as school fees, purchase of furniture, and refurbishment of buildings to mention just a few.

Enter other informations which might help.

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

BSB Pensioners Loan
BSB Products Brochure

More information which might help people.