Let us help you finance your business activities: NBC buys the goods, such as machinery or raw materials on your behalf and adds a profit margin.
The benefits of the NBC La Riba Forward Exchange Contract
Shari’ah-compliant
Based on the Murabaha Islamic finance instrument.
Flexibility
Can be used for purchases of between TZS1 million and TSZ5 billion.
Repayment
Flexible repayment periods of 1 to 4 years.
Benefits
Wakalah LC option available.
How do I get it?
Get started
Simply visit your nearest branch.
What to bring when you apply
- Company profile
- TIN/VAT registration
- Business licence
- Bank statement
- Management Account
- Audited financial statements
- Memorandum and Articles of Association
- Business Plan
- Proof of land rent paid
- Cash flow projectionss
Benefits
- Murabaha finance facility
- Shari’ah-complaint
- Competitive profit rates
- Financing up to TZS5 billion
- No deposit required
Important information
- Can be used to purchase for the purpose of business, machinery, raw materials, etc., costing between TZS1 million and TSZ5 billion
- Flexible repayment tenures from 1 year up to 4 years
- Can be used for purchase of products locally and internationally
- Requires security
- For established businesses and organisations
Need more information or assistance?
Call us:
+255 22 219 3000 | +255 76 898 4011
Email us:
