Tanzania
Home loan
A simplified process of buying, building or improving your home by our home loan solutions that make house hunting and buying easier.
Personalized
Interest Rate
240 months
Months to repay
TZS 2 Billion
Maximum loan limit
TZS 2 Million
Minimum monthly income
Some of the benefits
Good Terms - Home Loans
Up to 240 months to repay
Personalized
We customize a variety of facilities to your unique credit needs
Flexible
The option to increase your loan amount at a later stage
Insured
With our credit facilities, you can access affordable insurance from our trusted partners
What you get
- Stanbic will finance up to 80% of the value of the property.
- The maximum amount is TZS2Billion - determined by repayment ability.
- Monthly repayments should not be more than 40% of net monthly income.
- The maximum loan repayment period is 20 years.
- Minimum property value is TZS 62 500 000.
What it costs
- Earn a minimum monthly income of TZS 2 000 000.
- Deposit of 20% of the property value to be made by the customer.
- Competitive interest rates
How to get it
- Be 21 years or older;
- Be a Tanzanian citizen or permanent resident with an identity card
- Have a deposit of 20%
- Have current account with Stanbic where one-month salary has been deposited and bank statement for latest six months.
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What you get
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What it costs
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How to get it
- Stanbic will finance up to 80% of the value of the property.
- The maximum amount is TZS2Billion - determined by repayment ability.
- Monthly repayments should not be more than 40% of net monthly income.
- The maximum loan repayment period is 20 years.
- Minimum property value is TZS 62 500 000.
- Earn a minimum monthly income of TZS 2 000 000.
- Deposit of 20% of the property value to be made by the customer.
- Competitive interest rates
- Be 21 years or older;
- Be a Tanzanian citizen or permanent resident with an identity card
- Have a deposit of 20%
- Have current account with Stanbic where one-month salary has been deposited and bank statement for latest six months.