Unsecured Personal Loan
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)
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.