Personal Secured Loan (Treasury Bond cover)
With our Unsecured Personal Loan, you can access funds quickly, redraw on your loan after repaying just 3%, and increase or decrease your revolving amount at any time depending on your needs. Manage your loan easily through Stanbic Bank Tanzania’s Internet Banking, SmartApp, Mobile Banking, or by visiting your nearest branch.
Personalized
Interest rate
120 months
Months to repay
Up to 90%
Maximum loan limit
TZS 100 000
Minimum monthly income
Some of the benefits
Access to Liquidity
Provides quick access to liquidity
Affordability
Let your coupon repayments cover your loan repayments
Ownership Retention
You continue to own your bonds for the duration of the loan
Flexible
Able to increase your loan amount at a later stage
What you get
- Personalized Interest Rate: Competitive rates tailored to your profile
- Repayment Period: Up to 108 months (9 years)
- Maximum Loan Limit: TZS 200 million
- Minimum Monthly Income: TZS 100,000
- Flexible Loan Management: Increase or decrease your revolving credit at any time
- Redraw Facility: Redraw on your loan after paying just 3% of your initial loan, subject to good conduct on your account
- Quick Disbursement: Funds are directly deposited into your transactional account
- No Hidden Account Fees: Transparent charges with competitive interest rates
- Early Settlement: You can settle your loan at any time with minimal penalties
- Optional Loan Insurance: Cover for Permanent Disability, Death, and Retrenchment for added peace of mind
- Buy-Back & Education Loans: Facilitation with partner institutions and HESLB for specific needs
What it costs
- Interest: Pay only on the amount you borrow
- Facility Fee: 2% of the loan amount, charged at disbursement and on each top-up or redraw
- Early Settlement Penalty: 8% of the remaining balance if settled early
- Account Fees: None
How to get it
Channels to Access Your UPL in Tanzania
Internet Banking & SmartApp:
- Log in to your Stanbic Bank Tanzania Internet Banking or SmartApp
- Click on the loan offer prompt on your dashboard
- Follow the prompts for instant access to funds
Visit Your Nearest Branch: Bring the required documents to complete your application and get approval.
Who Qualifies
- Tanzanian citizens with valid Tanzanian IDs or passports
- Age 18 years or older
- Minimum net monthly income of TZS 100,000
- Active transactional account with Stanbic Bank Tanzania for at least 3 months
- Proof of residence (not older than 3 months)
- Valid ID (National ID or Passport)
- Two passport-size photos
- Recent bank statements (last 6 months)
How it Works
Online & App Application:
Log into your Stanbic Bank Tanzania Internet Banking or SmartApp
Click on the loan offer prompt on your dashboard
Follow the instructions to apply and receive funds instantly
Branch Application:
Visit your nearest Stanbic Bank branch with the above documents to complete your application.
Additional Features & Benefits
- Revolving Credit: Redraw after paying 3% of your initial loan
- Loan Top-Up: Increase your loan amount at any time
- Flexible Repayment: Choose a repayment period up to 108 months
- Peace of Mind: Embedded insurance covers for disability, death, and retrenchment
- Manage Cashflow: Borrow, repay, and redraw as your needs evolve
- Buy-Back & Education Financing: Facilitation with partner institutions and HESLB
-
What you get
-
What it costs
-
How to get it
-
Who Qualifies
-
How it Works
- Personalized Interest Rate: Competitive rates tailored to your profile
- Repayment Period: Up to 108 months (9 years)
- Maximum Loan Limit: TZS 200 million
- Minimum Monthly Income: TZS 100,000
- Flexible Loan Management: Increase or decrease your revolving credit at any time
- Redraw Facility: Redraw on your loan after paying just 3% of your initial loan, subject to good conduct on your account
- Quick Disbursement: Funds are directly deposited into your transactional account
- No Hidden Account Fees: Transparent charges with competitive interest rates
- Early Settlement: You can settle your loan at any time with minimal penalties
- Optional Loan Insurance: Cover for Permanent Disability, Death, and Retrenchment for added peace of mind
- Buy-Back & Education Loans: Facilitation with partner institutions and HESLB for specific needs
- Interest: Pay only on the amount you borrow
- Facility Fee: 2% of the loan amount, charged at disbursement and on each top-up or redraw
- Early Settlement Penalty: 8% of the remaining balance if settled early
- Account Fees: None
Channels to Access Your UPL in Tanzania
Internet Banking & SmartApp:
- Log in to your Stanbic Bank Tanzania Internet Banking or SmartApp
- Click on the loan offer prompt on your dashboard
- Follow the prompts for instant access to funds
Visit Your Nearest Branch: Bring the required documents to complete your application and get approval.
- Tanzanian citizens with valid Tanzanian IDs or passports
- Age 18 years or older
- Minimum net monthly income of TZS 100,000
- Active transactional account with Stanbic Bank Tanzania for at least 3 months
- Proof of residence (not older than 3 months)
- Valid ID (National ID or Passport)
- Two passport-size photos
- Recent bank statements (last 6 months)
Online & App Application:
Log into your Stanbic Bank Tanzania Internet Banking or SmartApp
Click on the loan offer prompt on your dashboard
Follow the instructions to apply and receive funds instantly
Branch Application:
Visit your nearest Stanbic Bank branch with the above documents to complete your application.
Additional Features & Benefits
- Revolving Credit: Redraw after paying 3% of your initial loan
- Loan Top-Up: Increase your loan amount at any time
- Flexible Repayment: Choose a repayment period up to 108 months
- Peace of Mind: Embedded insurance covers for disability, death, and retrenchment
- Manage Cashflow: Borrow, repay, and redraw as your needs evolve
- Buy-Back & Education Financing: Facilitation with partner institutions and HESLB