The bridge to success

Loans with low processing charges from BoB

  • Benefits
  • Features
  • Eligibility
  • Documentation
  • Interest Rates & Charges
  • Terms & Conditions
  • Term Loan/Demand Loan
  • Overdraft
  • Salaried class: 30 times of monthly income (average).
  • Others: 20% of accepted projected turn over.
  • The Borrower should be a Tanzanian Resident.
  • Self-employed persons/Salaried person/Individual.
  • A person/Company/Firm having business at Tanzania.
  • Visit our nearest Branch for Documentation.
  • In Tzs : Bank’s Prime Lending Rate plus 2 to 4% with monthly rest.
  • In USD: 4% over -3- Months USD LIBOR.
  • Legal Mortgage of un-encumbered residential/commercial property/Plot of land standing in the name of the applicant.
  • As far as possible Loan against tenanted property should not be considered. However, the loan can be considered against the tenanted property after obtaining legal opinion from the advocate about enforceability under the law.
  • Consent of spouse to be obtained in case of property stands in the name of individual.
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Select Fund Based Type
  • Advance Against Property
  • Car Loan
  • Education loans For Specialized Courses & University Students
  • Education Loans For Students Going Abroad
  • Finance For Corporate
  • Home Loan
  • Loan Against Future Rent Receivables
  • Loan Against Shares Listed In Stock Exchange For Individual / Joint
  • Loan For Professionals
  • Loan For Small & Medium Enterprises.
  • Loan To Retail Traders
  • Personal Loan To Individual and Salaried Employees
  • Personal Loan To Staff
  • Others

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