Consumer loans are credit facilities issued to individuals with ascertainable income who wish to supplement their monthly earnings so as to meet their personal needs such as; school fees, medical expenses etc.
Loan amount start from TZS 500,000 Up to 300,000,000
Repayment term varies from 1 year to 10 years
Affordable interest rate on reducing balance
Loan top up allowed.
Attached to credit life insurance that covers against death or permanent disability
Loan TAKE OVER from other financial institutions and Higher Education Student Loan Board (HESLB).
Longer repayment period up to ten years
Unsecured No collateral needed
Credit life insurance that covers against death or permanent disability
No restriction on the use of Fund, loan can be used as capital for startup business.
Supplemental income
No penalties and unnecessary deductions
Loan top up allowed
Channeling your salary through TCB account
MOU between Bank and Employer for Private companies
