Personal Credit

Insurance Premium Financing

Insurance Premium Financing, a specialized product helping customers manage insurance premium costs. This service allows individuals and businesses to borrow funds for their premiums, spreading payments over time.

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 Key Features

Interest rate is 15.96% p.a reducing balance
Loan tenure is up to 10 months
Minimum loan amount is TZS 300,000 up to Single Borrower Limit (SBL)

02 Requirements

Opening of transactional account for the loan repayment
Evidence of two month upfront instalments
Duly completed & signed IPF agreement contract
Customer to provide KYC i.e. National ID, TIN certificate, certificate of incorporation/registration
Positive Credit Reference report
A registered Business entity that can provide cash or irrevocable standing payment order instructions to debit account for the loan repayment over the loan period
Policy Holders with paid employment or business individuals that can provide cash or irrevocable standing payment order instructions to debit his account for the loan repayment over the loan period

Secure mobile banking

PesaHakika

Usiwaze kuhusu saa za kazi!

PesaHakika App haifungi ofisi, masaa 24 tuko hewani.

Available 24/7 Safe and secure

Download App Google Play Download App App Store

About Us

our leadership

mhb news

credit

insurance

accounts

credit

accounts

cards

channels

merchant-services

partners-portal

Insurance Premium Financing

Everything you need to know

Usiwaze kuhusu saa za kazi!

Rafiki