Jijenge Loan CRDB Bank PLC Tanzania
Whether you want to construct, purchase or renovate your house, Jijenge Loan is the way to own your dream house.
Get Jijenge loan from TZS 20 Million- 1 Billion at affordable interest of 17% and 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.
Why choose Jijenge?
- Opportunity to own your dream house within a 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
- Ability to revise monthly repayments enables you to clear the loan faster e.g. when your income changes.
- Loan insured with Mortgage Protection Cover (in case of death or disability)
- Allows transfer of mortgage loans from other banks
Read Also:- How to Get Personal Loan CRDB Bank PLC
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 pay –slips 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
- Employment contract or letter from 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 Jijenge application form here, print, fill the form and return to any CRDB Bank’s branch.