Home Loan

• For construction of New Dwelling Unit.
• For acquisition of New Dwelling Unit.
• For financing purchase of old dwelling unit not more than 15 years provided the flat/house is structurally strong.
• 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.
• For repair/renovations/extension of the existing house.
• For repayment of the loan already availed from any other institutions.

• Individual / Group.
• Applicants should normally be citizens and residents of Tanzania, although applications from temporary residents will also be considered at the discretion of the Bank.
• Minimum -21- years and maximum -60- years for salary earner and -65- for other than salary earner including repayment period of loan

• Visit our nearest Branch for Documentation.

A penal interest of 2% over the stipulated rate of interest will be levied for any overdue/excess in account or non-payment of interest / installment on due dates. However, any temporary overdrawn (TOD) will attract interest @20% p.a. for the period of TOD or as decided by the bank from time to time.

Sanction/ Review authority for the corporate finance will be in accordance with the discretionary lending powers of the bank.