Education Updates

[Jijenge Loan CRDB Bank] How To Get/Apply For This Loan

[Jijenge Loan CRDB Bank] How To Get/Apply For This Loan;- Whether you want to construct, purchase or renovate your house, Jijenge Loan is the way to own your dream house.

Get a Jijenge loan from TZS 20 Million- 1 Billion at an affordable interest of 17% and a repayment period of up to 20 years.

Repayment of the loan can be done through monthly installments or balloon payment – single installment after receipt of pre-determined lump sum e.g. terminal benefits.

Jijenge Loan CRDB Bank] How To Get/Apply For This Loan

Why choose Jijenge Loan?

  • Opportunity to own your dream house within the shortest period
  • Get up to 90% of the property value
  • Affordable interest rates
  • Give you peace of mind- since it is easy to pay little by little for up to 20 years
  • The ability to revise monthly repayments enables you to clear the loan faster e.g. when your income changes.
  • A loan insured with Mortgage Protection Cover (in case of death or disability)
  • Allows transfer of mortgage loans from other banks

Documents Required

i. General documents required;

Documents required from all customers are;

  • Copy of approved ID or a valid Tanzanian Passport.
  • Two passport-size photos.

ii. Specific documents required;

For the Employed

Specific documents for the Employed customers;

  • Letter of introduction from employer
  • Certified payslips for the last 6 months
  • Bank statement where salary is paid for the last 6 months

For the Self-Employed

Specific documents for Self- Employed customers;

  • Business history, profile and background
  • Audited books of accounts for last 3 years
  • Projected cash flows, balance sheet/ profit and loss account for the next 3 years
  • Bank statement (any bank) for the last 12 months
  • Full details of all borrowings and facilities advanced from other institutions.

For Tanzanite Customers

Specific documents for Tanzanite customers are;

  • Copy of residence/ work permit
  • An employment contract or letter from the Ministry of Foreign Affairs (for Foreign Affairs employees)

How to apply for Jijenge Loan

To apply for Jijenge is very simple;-

  • Visit any CRDB Bank branch country-wide and enquire about Jijenge.
  • Download the Jijenge application form here, print, fill the form and return to any CRDB Bank’s branch.
CRDB Bank Plc is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania, the central bank, and the national banking regulator. As of 31 December. 2018, the bank was reporting Total Assets of TZS 6.0 Trillion and Total Deposits of TZS 4.7 Trillion.

About the author

Avatar Of Allglobalupdates

allglobalupdates

All global Updates was established in 2017, and since then we have developed into a renowned group of passionate Content Creators. We concentrate on newsworthy topics in the fields of Finance, Tech, education, Business, Careers, entertainment, and sports. We also create captivating human interest stories and informative content.

Leave a Comment