Car Loans
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
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.