Standard Chartered Tanzania Loans (Mikopo): Application, Eligibility, Interest Rate, Documents & Much More.
Read this full post on Standard Chartered Tanzania Loans for information Like Eligibility, How to apply, Interest Rates, Documents Needed, Different types of Loans, Interest Rates, Return Policy, General Instructions etc. Throughout the article, we will share information regarding Standard Chartered Tanzania Loan it’s Process to Apply and full detailed Information with reference of the official website of Standard Chartered Tanzania.
Types of loans available at Standard Chartered Tanzania
Standard Chartered Tanzania Unsecured Personal Loans
Making the most of life’s opportunities
At Standard Chartered Bank we understand that you have dreams and ambitions about improving the quality your life. We know that you would, for example, like to buy new furniture or extend your house. You also buy consumer durables such as a washing machine or a microwave oven that make life easier and more convenient for you and your family. You may also be planning to pay school fees for your children; or study for your MBA or a parallel degree. All these dreams need financing to become a reality. That is why Standard Chartered’s Personal Loan is offering you a fast, easy and affordable solution to your personal financial needs to enable you fulfil your dreams and live your life to the fullest.
Features of our Personal Loan
- No security needed
- You can borrow between TZS 1,000,000 to TZS 78,000,000
- Very affordable interest rates
- Processing fee of 3.0% of loan amount
- Flexible repayment periods of 6 – 72 months
- Insured for death, permanent disability and retrenchment at 0.68% per annum of the loan amount (collected as a one-off premium)
- An opportunity for you to borrow an amount up to 23 times your net salary
- An opportunity to top-up after only 6 months
- Application process that is hassle free, fast and convenient: Our sales people will come to you.
What do you need to qualify?
- Be currently earning a minimum net salary of TZS 250,000 per month (or TZS 700,000 depending on repayment method)
- Introduction and salary continuation letter from your employer
- Proof of identity
- 3 most recent original pay slips
- Original bank statements reflecting net salary on pay-slips
For more information please call: 022 216 4999 or visit a branch near you
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