Absa Bank raises unsecured personal loan cap to Sh200m
Director of Retail Banking at Absa Bank Tanzania, Ms Ndabu Swere (centre), addresses the media in yesterday. She is flanked by Marketing and Corporate Affairs director, Mr Aron Luhanga (left), and Head of Retail Products and Strategy, Mr Heristraton Genesis.. PHOTO | Correspondent
Dar es Salaam. Absa Bank Tanzania has increased the loan limit for its unsecured personal loans targeting private sector salaried employees, expanding access to credit.
Under the revised terms, eligible customers can access loans of up to Sh200 million, up from Sh150 million, with repayment periods of up to 96 months. The facility does not require collateral.
