Consumer Secured Loan
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
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.