Salary Advance
Overview
For when emergencies happen.
Need a quick loan until your next payday? We have a solution for you. Our Salary Advance Loan is an affordable option to get an instant loan of up to 50% of your salary through SimBanking.
For when emergencies happen.
Need a quick loan until your next payday? We have a solution for you. Our Salary Advance Loan is an affordable option to get an instant loan of up to 50% of your salary through SimBanking.
6 reasons to choose our Salary Advance Loan
- Quick loan up to TZS 1,000,000
- Low interest rate of 5%
- 30 days repayment period
- There is no operating fee
- You are available anytime through SimBanking
Easy process for account opening
Facilitates timely salary processing
Earns interest as an incentive to saving
Issued with debit card on the spot (instantly)
Convenience of accessing the account 24/7 through ATMs, SimBanking, Internet banking & Wakala.
Access to salary advance or personal loan
Free KAVA Assurance benefits (Self & Spouse): life insurance TZS 2 Mil and Accidental Total Permanent Disability (Account Holder) TZS 2 Mil
To apply, you need to be…
- A government / private sector employee receiving salary through CRDB Bank
- Registered on SimBanking
How to apply for Salary Advance Loan
- Log in to the SimBanking App
- Choose Quick Loans.
OR
Dial * 150*03 # and select Salary Advance and proceed with the application process.
FAQs
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