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Business Credit

Business Loans

The purpose of the loan is to provide funds for expanding or increasing working capital.

Get application forms

Secure banking Personal support Help available 24/7

Product overview

Everything you need to know

Explore the features, benefits and important information for this banking solution.

01 Features

Maintain account with MHB
Insurance wherever applicable
Low and competitive rates

02 Eligibility

Loan application letter stating loan amount
Board resolution
IDs of all Directors
TIN number of the company
Business license and certificate of registration
Certificate of incorporation
Tax clearance certificates
BRELA return
Three years audited financial statements
Cash flow covering the whole loan period
Collateral preparation (valuation report or chattel mortgage)
Any other documents requested by the Bank

03 Loan Limits

Minimum loan amount: TZS 500,000/=
Maximum loan amount: Up to single borrower limit as per Bank Capital

Customer using the PesaHakika mobile banking app

Secure mobile banking

PesaHakika

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PesaHakika App haifungi ofisi, masaa 24 tuko hewani.

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