Work towards your goals
We will provide you with loans!
Interest Rates & Charges
Terms & Conditions
- Overdraft/Bills discounting /Pre-shipment credit Post-shipment credit/Demand loan/ Line of Credit/ Letter of Credit / Guarantee or Guarantee working capital facilities.
- Term Loan, Demand Loan, and Working Capital Term Loan for acquisition of fixed assets for business.
- Any customer of the bank.
- Visit our nearest Branch for Documentation.
In case of Loan in Tanzanian Shilling:
- Prime lending rate (currently 13%) plus a spread, subject to the credit rating based on audited financials or as agreed terms with the borrowers.
In case of Loan in Foreign currency:
- USD LIBOR plus spread as agreed terms with the borrowers.
- Sanction/ Review authority for the corporate finance will be in accordance with the discretionary lending powers of the bank.
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