Personal salaried loan

This is a quick personal financing solution designed to support short term needs such as school fees, house rent, investment opportunities, or pay for pressing bills such as Medical or penalties. The target market for this product is employees in the formal organizations.

LOAN AMOUNT AND DURATION:

Our loan start from TSH 1,000,000 and above depending on the net salary of the applicant for a maximum period of 12 months.

ACCEPTED COLLATERAL

Motor vehicle, plot of land, house and other assets that may be considered relevant to amount of loan requested.

REQUIREMENTS

  • Application form filled in thoroughly
  • Employee supporting documents
  • Employer supporting document
  • Referee preferably your line manager in your place of work. He/she must fill in the referee form and attach the same with your application form
  • Salary slips of the past three (3) months
  • Bank statement of your salary account of the past six (6) months

Loan will be released within 48 hours after submission of a thorough application with all the requirements as stated above.