About Us

About Us

Bank of Baroda (Tanzania) entered Tanganyika way back in 1956 and remained till nationalization of financial institutions up to February 1967. The Bank had three branches in Dar es Salaam, Mwanza and Moshi at the time of nationalization under Arusha declaration. The Bank had come back to play its role in the United Republic of Tanzania in 2004. The Bank of Baroda India Ltd. was opened on 13th October 2004. Second branch was opened at Arusha on 10th August 2007, Third branch was opened at the Kariakoo Market, Dar Es Salaam on 11th June 2013 and 4th branch was opened at Mwanza on 21st July 2014.

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Product & Services

  • Loan

Bank Account

A definite path for a better tomorrow, Avail exciting benefits on a wide variety of deposits.

  • Loan
  • Savings Deposit

Fund Based

One loan, more than one avenue. Avail exciting repayment options and much more.

Non-fund Based

No bar for your financial requirements Opt for our corporate banking services

Baroda Shule Savings Account

Money saved, is like money earned Choose from the many savings accounts we offer

No Frills Savings Account

Money saved, is like money earned Choose from the many savings accounts we offer

Savings Account Ordinary/Others

Money saved, is like money earned Open a Savings Account with us!

Weka Hata Kiasi Kidogo Kinachopatikana Deposit Scheme

Great savings can take you places Choose from the many savings accounts we offer

Loan

Introducing exciting interests on all kinds of loans, Pick a loan suitable for your dreams.

  • Fund Based

Advance Against Property

Any purpose except speculation of any type and unlawful activities

Car Loan

For purchase of any new/old (not more than 10 years old) four wheelers ie, Car, Jeep, Station Wagon etc for private use.

Education loans For Specialized Courses & University Students

Students who have been admitted to various general and professional courses viz.

Education Loans For Students Going Abroad

Students who have been admitted to various general and professional courses viz.

Finance For Corporate

To meet with the working capital and long term requirements of corporate in the Republic of Tanzania.

Home Loan

For purchase of a plot on an undertaking by borrower that with the help of bank finance or otherwise, building will be constructed within two years from the date of purchase of plot.

Loan Against Future Rent Receivables

55% of rent (net of TDS, Advance rent, Security deposit) due and receivables, for the unexpired certain period of lease subject to:

Loan Against Shares Listed In Stock Exchange For Individual / Joint

For meeting contingencies and personal purposes of any type.

Loan For Professionals

To offer credit facilities to well established professionals in Tanzania to meet their professional / personal financial requirements.

Loan For Small & Medium Enterprises.

SME means Small and Medium Enterprises engage in formal undertaking with Capital investments ranging from Tzs.5.00Mn upto Tzs.500Mn which is majority owned by Tanzanian Citizen and no of workers employed ranging from 5 to 99.

Loan To Retail Traders

To cater to the financial needs of employees of reputed organization in Tanzania/other individuals.

Personal Loan To Individual and Salaried Employees

To cater to the financial needs of employees of reputed organization in Tanzania/other individuals.

Personal Loan To Staff

For purchase of any article or any other purpose

Exchange Rates View All

  • USD USD

    2336 Buying

    2371 Selling

  • GBP GBP

    2740 Buying

    2900 Selling

  • EUR EUR

    2355 Buying

    2515 Selling

  • INR INR

    0 Buying

    28.85 Selling

Disclaimer: Rate shown are indicative for the day and subject to change without prior notice. Last Updated: December 07, 2022

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