Executive Budget Balancer

Product :


To provide short term assistance for
(1) Personal / family Asset purchase
(2) Medical expenses
(3) School Fees
(4) Unexpected contingencies
(5) And any other personal needs
  • Eligibility :
    Salaried executives earning not less than Tshs. 400,000/- p.m.
  • Range of Loan :
    Not to exceed 6 months net salary
    Minimum Tshs.
    1,000,000/- and Maximum Tshs. 10 million
  • Tenure of loan :
    6 months to 24 months premature loans are however permitted
  • Processing Fee :
    2% flat rate to be charged upfront
    Interest : Negotiable
  • Incentive for timely repayment :
    1% of the original loan amount will be refunded.
  • Elibility :
    • Permanent employee drawing over Tshs. 400,000/- (net) p.m. with a minimum service over 12 months with yourself and or a accredited services of 36 months.
    • Applicants should be aged between 21 and 55 years
    • Applicants will be required to provide a valid form of identification i.e. ID/Passport (Original and copy)
    • Applicants should provide an employee letter confirming.
      (a) Period of employment
      (b) Salary (attach original slip)
      (c) Employee status (permanent/ contract and that the salary cheques would be directly credited into the employee’s account held with us.