Loans

Unlock the value of your property with financing against an existing mortgage or on a property as collateral. Get up to 50% of your property’s value with the flexibility of up to 25 years repayment period.

Features

• Maximum loan amount determined by borrower’s income.
• Flexible repayment period, determined by borrower’s age.
• Interest rate is calculated on a reducing balance basis.
• Loan is insured against death or permanent disability.
• Mortgage Protection and Fire Policy Insurance are required.
• Available in TZS and USD.

I am interested

Build your own home or become a landlord with up to 100% financing, depending on the project, and repayment periods tailored to you. It can be used as an investment loan for alternative-income projects such as building construct multiple residential dwellings.

Features

• Maximum loan amount determined by borrower’s income.
• Flexible repayment period, determined by borrower’s age.
• Loan is insured against death or permanent disability.
• Mortgage Protection and Fire Policy Insurance are required.
• Interest rate is calculated on a reducing balance basis.
• Available in TZS and USD.
• Can be charged in foreign currency subject to your source of income.

I am interested

NCBA covers you if you need a loan to finish a house that is built up to 70% for single residential property, multi-dwelling residential property, and investment commercial property.

Features

• Maximum loan amount determined by borrower’s income.
• Flexible repayment period, determined by borrower’s age.
• Loan is insured against death or permanent disability.
• Mortgage Protection and Fire Policy Insurance are required.
• Interest rate is calculated on a reducing balance basis.
• Available in TZS and USD.
• Can be charged in foreign currency subject to your source of income.
• Legal and valuation fees to be met by the borrower.

I am interested

Specially designed financing tailored to provide employees with easy access to unsecured loans to meet their personal needs.

Features

• Maximum loan amount of TZS 80,000,000, or the USD equivalent, for branch banking and
• TZS 110,000,000 for Premier Banking customers.
• Loan repayment period of 6 years (72 months) for civil servants and 7 years (84 months) for non-civil servants.
• Interest rate is calculated on reducing balance basis.
• Loan is insured against death or permanent disability.
• Eligible for top-up after 6 months.
• Buy-back through other banks is allowed.

I am interested

Get financing for your projects with this facility that allows you to secure your loan through cash or property.

Features

• Borrow up to 90% of the security amount.
• Property security is through the provision of a title deed.
• Loan repayment period of up to 6 years (72 months).
• Interest rate is calculated on a reducing balance basis.
• Available in both TZS and USD.
• Maximum eligibility age of 65 years at loan maturity date.

Loans secured by property

• Maximum loan amount of TZS 200,000,000.
• Loan repayment period of 7 years (84 months).
• Interest rate is calculated on a reducing balance basis.
• Loan is insured against death or permanent disability.
• Available in both TZS and USD.

I am interested

A flexible and instant line of credit that allows you to overdraw your account without a penalty.

Features

• Loan repayment period of up to 1 year (12 months).
• Interest rate is charged on reducing balance.
• Loan is available in both USD and TZS.
• Maximum eligibility age of 60 years for salaried individuals and 65 years for non-salaried individuals at the loan maturity date.

I am interested

Own your dream car while paying for it in convenient amounts and flexible repayment periods of up to five years.

Features

• Maximum loan amount of up to TZS 150,000,000.
• Repayment period starting from 1 year to 5 years.
• Registration will be done in joint names with the bank.
• Down payment required of 10% for a brand new car and 30% for a second-hand car.
• Interest rate is charged on reducing balance.
• Available in TZS and USD.
• Loan is insured in case of death of permanent disability.

I am interested