The customer pays off the loan (Principal + Interest) monthly until he/she clears the loan in full
loan amounts. Home buyers can now take up to TZS1 billion
years tenor period. Enjoy longer repayment cycle
against unforeseen events such as fire, death or disability
You can transfer with cash out or with no cash.
Float rate, Daily accrual, charged monthly, reducing balance.
There is minimum and maximum amount with its tenure accordingly.
Amount You Want To BorrowPlease enter an amount between TZS 30,000,000 and TZS 1,000,000,000
Please enter a duration between 1 years and 6 years only.
Your Preferred Payment Method
Please enter a duration between 3 years and 6 years only.
|Tenure (in Years)||Total Interest Paid||Outstanding Loan|
|6 remaining months||57,282,599.40||2,677,267.5|
No, these will have to come as your contribution as we can only finance up to 80% LTV. They can be deducted if the application has cash out.
Yes it is possible to apply on condition that you transfer your salary upon approval. (disbursement will only be made after the salary reflects in the SCB ).
Constructions loans are not in our product offering at present. We want to insure we prepare and are ready with the best construction preposition before we come with it to the market.
Yes, but the bank will still instruct a valuer from its approved list to carry out an independent appraisal of the property.
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