Unsecured Personal Loan
Get access to your funds again after repayment of one month and above with the option to increase your original amount over time.
Personalized
Interest rate
60 months
Months to repay
TZS 80 Million
Maximum loan limit
TZS 500 000
Minimum monthly income
Some of the benefits
Good terms - UPL
Up to 60 months to repay
Competitive Interest Rates
We offer competitive interest rates in both TZS and USD
Flexible
The option to increase your loan amount at a later stage
Insured
To protect your home, we offer attractive home owners insurance through our trusted insurance partners
What you get
- Ability to apply for an increase in the limit on the existing loan when you require additional funds.
- The minimum repayment remains fixed for the life of the loan account which enables you to budget more effectively.
- You can pay into your loan whenever you have extra cash available. This extra cash can be withdrawn once you have met the minimum revolver limit.
- Embedded insurance which will give you the peace of mind of knowing that your loan will be settled in full in the event of disability, dreaded disease or death
- A convenient way to manage cashflow in the event of shortfalls
- Get access to funds when you need it with just your investments. You pay interest only on funds utilized.
- Up to 60 months to repay your loan
- Preferred rates on business insurance products
- Access to our customer contact centre
- Full e-banking options, which include the app, internet, mobile and USSD banking
What it costs
- Only pay interest on the amount you use
- No account fees
- Competitive interest rates
How to get it
- Be 18 years or older.
- Tanzanian citizen with permanent residency or a foreigner with a work permit.
- Earn a net minimum monthly income of TZS 500 000
- Have current account with Stanbic bank where at least one-month salary has been deposited and bank statements for the recent six months.
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What you get
-
What it costs
-
How to get it
- Ability to apply for an increase in the limit on the existing loan when you require additional funds.
- The minimum repayment remains fixed for the life of the loan account which enables you to budget more effectively.
- You can pay into your loan whenever you have extra cash available. This extra cash can be withdrawn once you have met the minimum revolver limit.
- Embedded insurance which will give you the peace of mind of knowing that your loan will be settled in full in the event of disability, dreaded disease or death
- A convenient way to manage cashflow in the event of shortfalls
- Get access to funds when you need it with just your investments. You pay interest only on funds utilized.
- Up to 60 months to repay your loan
- Preferred rates on business insurance products
- Access to our customer contact centre
- Full e-banking options, which include the app, internet, mobile and USSD banking
- Only pay interest on the amount you use
- No account fees
- Competitive interest rates
- Be 18 years or older.
- Tanzanian citizen with permanent residency or a foreigner with a work permit.
- Earn a net minimum monthly income of TZS 500 000
- Have current account with Stanbic bank where at least one-month salary has been deposited and bank statements for the recent six months.