www.stanbic.comA house is more than just an investment – it’s a place to call home and create memories that will last a lifetime.Invest in your future with a Stanbic Bank home loan! We have simplified the process of buying, building or improving your home by designing many different options which will make the process of house hunting and buying easier.
Because we understand what life is like, we can make a difference! And with a Stanbic Bank home loan, you will be seen as a cash buyer by estate agents and sellers.
Features and benefits
We will finance up to 80% of the value of the property.
Deposit required is 20%.
There is no maximum loan amount as this is determined by your repayment ability.
Your monthly repayments should not be more than 40% of your net monthly income.
The maximum loan repayment period is 15 years.
Who can apply
You can apply for a home loan provided you:
are 18 years or older;
are a Tanzanian citizen or permanent resident with an identity book;
have a transactional account (with Stanbic Bank or another bank) into which your salary is deposited.
How to apply
To apply for a home loan, just visit your nearest Stanbic Bank branch with the following documentation:
your identity document.
proof of income.
your bank account details.
your employer's details.
any existing Stanbic Bank loan details if applicable.
Tel: +255 (22) 266 6850
+255 (22) 266 6801
E-mail: tanzaniacustomercare@stanbic.com
service@stanbic.com
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