Requirements
To qualify, the applicant must:
- Be a BANK employee with a regular monthly income.
- Furnish certified copies of a valid ID (driving licence, national ID, voter's ID)
- Furnish a certified copy of TIN.
- Furnish one recent colour passport sized photograph.
- Furnish certified copies of the latest two months' pay slips (for salaried employees only)
- Furnish certified copies of latest 3 months pay slips (for salaried employees only)
- Furnish a two months statement of account
- Furnish certified copy of the employment contract (for salaried employees only) and
- Sign the requisite loan agreement.
Term
6 Months (maximum).
Amounts
Minimum loan amount: TZS. 100,000.00
Maximum loan amount: TZS. 5,000,000.00
Access to Facility
The customer will be able to access the facility within 5 to 15 minutes upon receiving a notice of approval which may be sent either physically or electronically.