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Swift Cash(SC)

Interest Rate: Company's Standard Rate/Negotiable

Loans to BANK employees.

Requirements

To qualify, the applicant must:
  1. Be a BANK employee with a regular monthly income.
  2. Furnish certified copies of a valid ID (driving licence, national ID, voter's ID)
  3. Furnish a certified copy of TIN.
  4. Furnish one recent colour passport sized photograph.
  5. Furnish certified copies of the latest two months' pay slips (for salaried employees only)
  6. Furnish certified copies of latest 3 months pay slips (for salaried employees only)
  7. Furnish a two months statement of account
  8. Furnish certified copy of the employment contract (for salaried employees only) and
  9. 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.