With overdraft you pay interest on what you draw
your funds can be in your account*
credit limit on your Current Account to access more funds
interest on your overdraft withdrawals if repayment is done before month-end
All you need is to be a salaried employee to qualify. No collateral required.
Enjoy up to 70% of net income offered as an overdraft subject to a maximum amount.
Valid for one year.
The net salary should be TZS 250,000.
The interest is 0.068 per day.
This is calculated as per Fees & Charges Guide.
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