Buy a home
- Get up to 100% of the purchase price as a loan with a 25-year repayment period and affordable interest rates
- Up to TZS1 billion in finance
- Up to 90% of the purchase price and up to 100% if you take collateral replacement indemnity
- Debt service ratio goes up to 60% if you get an Absa Credit Card
- Flexible repayment tenure of up to 25 years (dependent on your retirement age)
Home Improvement
- Allows you to increase the value of your house for future resale or remortgaging
- Up to TZS500 million
- Up to 80% financing on your property value to improve the value of your house
- You enjoy flexible repayment with a long tenure of up to 20 years
Construction loan
- Finish construction in the shortest possible time due to availability of funds
- Up to TZS500 million or 20% to cover initial construction costs
- Flexible repayment tenure of up to 20 years
- Property will be evaluated at beginning of construction and then after property is complete to ensure full utilisation of funds Funds will be advanced to you, then to contractor in tranches, that are aligned with BOQ report provided/stages of construction
- Valuation fee starting from TZS600,000 (dependent on property value)
- Debt service ratio goes up to 60% if you take the Absa credit card as well
Equity release
- Get up to TZS1 billion
- Enjoy flexible repayment with long tenure of up to 25 years
- Allows you to carry on with your other investments without having to sell off any of your properties/investments
- Debt service ratio goes up to 60% if you get an Absa Credit Card with your equity release
Need more help?
Call us:
0800750078 (Toll free)
+255 (0)746 882 000 (Network charges apply)
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