The bridge to success

Loans with low processing charges from BoB

Advance Against Property

Any purpose except speculation of any type and unlawful activities

Benefits
Features
Eligibility
Documentation
Interest Rates & Charges
Terms & Conditions

Term Loan/Demand Loan
Overdraft

Salaried class: 30 times of monthly income (average).
Others: 20% of accepted projected turn over.

The Borrower should be a Tanzanian Resident.
Self-employed persons/Salaried person/Individual.
A person/Company/Firm having business at Tanzania.

Visit our nearest Branch for Documentation.

In Tzs : Bank’s Prime Lending Rate plus 2 to 4% with monthly rest.
In USD: 4% over -3- Months USD LIBOR.

Legal Mortgage of un-encumbered residential/commercial property/Plot of land standing in the name of the applicant.
As far as possible Loan against tenanted property should not be considered. However, the loan can be considered against the tenanted property after obtaining legal opinion from the advocate about enforceability under the law.
Consent of spouse to be obtained in case of property stands in the name of individual.

Need Assistance?

X

We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, please click here. By continuing to browse this website, you consent to our use of cookies.

X

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Manage Consent Preferences

Strictly Necessary Cookies

These cookies are necessary for our website to function and enable you to use the website features such as accessing secure areas. It cannot be switched off in our backend. If you choose to remove or disable these cookies, the website may not perform as expected as intended..

Performance Cookies

These cookies help enhance the performance of our website and help us make necessary improvements based on your browsing behavior. Information collected by these cookies is anonymous and contains data on how you use the website. For example, identifying your most visited pages, recently searched terms, etc. Once we collect this information, we use it to improve how our website works..

Functionality Cookies

These cookies help improve the functionality of our website. These cookies remember your preferences such as location, user name, language, etc. and provide custom content and features tailored for you. In absence of these cookies, the website will be unable to remember the choices you've previously made and won’t be able to personalise your browsing experience..

Targeting Cookies

These cookies are utilized to customize marketing as per your interests. These are likewise used to restrict number of times you are shown advertisements. They are also used to measure the effectiveness of a marketing campaign. These cookies typically track your browsing patterns on other websites too, but do not know who you are. Without these cookies, the ads you encounter will not be as relevant and not match your interests..

Marketing Cookies

These type of marketing cookies are account-based, which enable us to identify future prospects and personalize sales and marketing interactions with users..

Analytics and Customization Cookies

All information collected by these cookies are used to help us analyze how our website is being used by the visitors, to understand how effective our marketing campaigns are and to customize our website experience for you..