Lending

Expanding your business? We offer a range of flexible products to complement your ambitions. Find the Lending solution that's right for you! Be it for Working Capital or Capital Expenditure i.e., through short-term or long-term finance that can support your business interests and ambitions. These offers cut across all sectors and size i.e., from Small & Medium Entrepreneurs, to Commercial and Corporates. We can help!

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Cash Cover

Cash Cover

These are term loans or overdraft granted by the bank against a deposit account. You can access loans up to 90% of the deposit amount

Features & Benefits

  • 1
    Minimum loan amount is TZS 1 million.
  • 2
    Maximum loan amount is 90% of the deposit amount, up to 60 months.
  • 3
    Repayment is by equal monthly installments for Term Loan and on the agreed interest payment for Overdraft throughout the loan period.

Requirements

  • Completed application letter with a colored passport size photo.
  • Copy of ID (Passport, Voter's ID, National ID, Driving License, Zanzibar ID)
card

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