Personal Loan


Borrow for your Personal Growth.

Are you employed in the Government or in the private sector and need a loan to fulfill your various plans such as starting a business, educational development, buying a car, etc.? We are here for you!

Get an Employee Loan of up to TZS 200 Million within 24 hours with low-interest rates from 13% and a repayment period of up to 9 years.

6 great reasons to apply for our Personal Loans

  • Loan acquired in one day allowing you to take advantage of opportunities as they come
  • Freedom to choose interest rate between 13% – 16% calculated on reducing balance
  • Long repayment period up to 9 years     
  • No collateral required
  • Top up available whenever you want
  • Loan attached with life insurance cover
  • Allows transfer of loans from other banks and HESLB

Terms of our Personal Loans

  • The minimum amount is TZS. 1,500,000 and the maximum amount is TZS. 200,000,000
  • Subject to completion of all requirements, the loan shall be granted within 48 hours of working days.
  • The interest rate is from 13% p.a.
  • Other fees include a loan facility fee of 1.25% of the loan amount and insurance Fees 0.75% of the loan amount.
  • The maximum loan duration is 108 months. Other terms and conditions apply.
  • You can top up the loan and borrow as many times as needed within your credit ratio
  • Early payment is allowed by the customer once the customer notifies the bank through writing.
  • Application for personal loans are done at branches or CRDB Wakala

To apply, you need..

  • To be an employee of the Government or selected private institutions aged between 18 – 60 years employed under contract or permanent terms.
  • Your salary Slips for the last three months
  • Your identity Proof documents i.e Employee ID and valid government-issued IDs
  • An introduction letter from your employer.
  • An appointment letter and confirmation letter.
  • Your employment contract for renewal.

To apply for Personal Loan

  • Visit any nearby CRDB Bank Branch

Please  contact us through the following detail


You will receive an SMS confirming that your loan is already booked to your account. Our customer service team may as well inform you via call.

No, eligible customers must apply once there is MoU.

Unfortunately, you cannot borrow more than the maximum amount.

The payment is due every month once the salaries are paid.

Yes, by depositing money into your SALARY account then instruct the bank through letter your intention to repay the loan.

Unfortunately, this is not allowed.

Unfortunately, this is not possible for unsecured loans.

Yes, it is necessary to understand terms and conditions for better knowing of the Product. The same shall be given to you during loan application process.

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