Please read these terms carefully before applying for a loan. By using Blue Lay Loans you agree to be bound by them.
Last updated: June 2026
You must be 18 years or older, a Zambian resident with a valid NRC, and able to repay the loan. Providing false information may result in your account being closed and reported to the credit reference bureau.
First-time borrowers may take up to K150 on the 7-day plan. As you repay on time or refer 5 borrowers who successfully take a loan, longer plans unlock with higher caps: 14 days up to K2,000, 1 month up to K4,000, 2 months up to K6,000, 6 months up to K8,000, and 1 year up to K10,000.
Interest is fixed at the rate shown on your quote (15% for 7 days, 22% for 14 days, 30% for 1 month, 45% for 2 months, 80% for 6 months, 120% for 1 year). A 5% processing fee (minimum K10) applies. The full Total Repayable is due on the due date displayed before you submit your application.
If you do not repay by the due date your account will be marked overdue, late fees may apply, and the default will be reported to credit reference bureaus. We will always try to contact you first to find a fair solution.
Keep your contact details current, never share your sign-in credentials, and only borrow what you can comfortably repay. Use of the loan for illegal activity is strictly prohibited.
We may suspend or close any account that breaches these terms, attempts fraud, or poses a risk to other users. Outstanding balances remain payable.
These terms are governed by the laws of the Republic of Zambia. Any disputes will be resolved in the courts of Lusaka.