Unsecured Loans

Unsecured personal loans are loans for private purposes granted to NBC customers who have shown a constant regular stream of income for a period defined by the bank.

Features

  • Minimum loan is TZS 1,000,000 and maximum is TZS 20,000,000.
  • Maximum repayment period is 48 months.
  • Credit life insurance is compulsory.
  • Applicants must have banked with NBC for at least 12 months.

Benefits

  • Availability of cash to meet your needs.
  • Flexible and convenient repayment periods and amounts.
  • Installments are small and affordable.
  • In case of unforeseen events such as death, there is no debt burden to the borrower’s survivors as insurance takes care of the debt.
  • You have access to the total range of NBC’s products.