Jijenge Loan

Overview

Own your dream home

Whether you want to construct, purchase or renovate your house, Jijenge Loan is the way to own your dream house. Get a Jijenge loan from TZS 20 Million - 1 Billion at an affordable interest rate   from 13%  and a repayment period of up to 20 years. You can also use the Jijenge Loan      equity releases and takeover loans.

 Repayment of the loan can be done through monthly installments.


LOAN CALCULATOR

6 great features of our Jijenge Loan

  • Offered to all Tanzanians aged 21-60; employed, self-employed and living abroad.
  • This loan is given in Tanzanian currency only.
  • The maximum loan amount is 1 billion shillings.
  • Repayment is up to a period of 20 years.
  • Equal monthly repayments – the same amount of money to be repaid every month within the loan period.
  • Balloon payment – Loan repayment after receiving a receipt showing a large amount of money paid to you.


7 great reasons to apply 

  • Opportunity to own your dream house within the 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
  • The ability to revise monthly repayments enables you to clear the loan faster e.g. when your income changes.
  • The loan is insured with Mortgage Protection Cover (in case of death or disability)
  • Allows you to transfer mortgage loans from other banks

To apply, you need…

  • A copy of the approved ID or a valid Tanzanian Passport.
  • Two passport-size photos.


ii. The following documents (if employed)

  • Letter of introduction from employer
  • Certified payslips for the last 6 months
  • Bank statement where salary is paid for the last 6 months


If Self-Employed

  • 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

  • Copy of residence/ work permit
  • An employment contract or letter from Ministry of Foreign Affairs (for Foreign Affairs employees)


How to apply for a Jijenge loan

  • Visit any CRDB Bank branch country wide to enquire about Jijenge.
  • Download Jijenge application form  print, fill the form and return to any CRDB Bank’s branch.

To apply, you need…

  • A copy of the approved ID or a valid Tanzanian Passport.
  • Two passport-size photos.
  • The following documents 

For employed:

  • Letter of introduction from employer
  • Certified payslips for the last 6 months
  • Bank statement where salary is paid for the last 12 months

For self-Employed

  • 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  

  • Copy of working permit
  • Valid Biometric Tanzanian Passport
  • Employment Contract or letter to the Ministry of Foreign Affairs (foreign affairs employees)
  • Copy of recent three salary slips
  • Bank statement of 12 months where salary is routed
  • Proof of Address 


Additional Requirements for Non-Citizen Tanzanian Diaspora.

  • National identity card issued by a country other than URT.
  • Passport issued by a country other than URT.
  • Driving license issued by a country other than URT.
  • Voter’s registration card issued by a country other than URT.
  • Employee’s identification card

How to apply for a Jijenge loan.

  • 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.




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