Fly with your dreams!
Affordable education loan for all
Education Loans For Students Going Abroad
Students who have been admitted to various general and professional courses viz.
-
Benefits
-
Documentation
-
Interest Rates & Charges
-
Terms & Conditions
- Students who have been admitted to various general and professional courses viz.
- Graduate course in the Faculties of Arts, Science, Commerce, Economics and other Social Science.
- Professional courses like Engineering, Technology, Medicine, Agriculture, etc.
- Post-Graduate courses in the Faculties of Arts, Science, Commerce, Economics, Engineering and other Social Sciences, Business / Industrial Management in various fields and course conducted by a professional body recognized by the Republic of Tanzania.
- Visit our nearest Branch for Documentation.
| Loan up to Tsh. 2.0Mn | Prime Lending Rate |
| Above Tsh.2 .0Mn and up to Tsh.4.0Mn | 1% over PLR |
| Above Tsh 4.0Mn | 2% over PLR |
| or as negotiated with the borrowers at the time of sanction. | |
- Complete academic record of the student to be obtained.
- Confirmation of admission from university/Institution to be obtained.
- Disbursement of loan should be made as far as possible directly to the university/educational institution, term wise after assessing the requirements for each term.
- Interest on the loan to be recovered as and when applied.
- Collateral security may be insisted upon over and above personal guarantee from parent/guardian.
- Processing fee to be recovered.
Undertaking from the student that he/she will inform bank about the status of employment, change of address
