Do you need finance for household goods, building materials, electronic equipment or any other high-value purchase? Then NBC La Riba Personal Group Finance is your answer. This Shari’ah-compliant lending product is based on the Murabaha Islamic principle: NBC buys the goods on your behalf and adds a profit margin.
The benefits of La Riba Personal Group Finance
No guarantee required
No deposit or security required.
Flexible repayment
Repayment period of up to 60 months.
Get more
Finance for purchases between TZS10 and TZS80 million.
Cost-plus finanace
Based on the Murabaha Islamic principle.
How do I get NBC La Riba Personal Group Finance?
Get started
Simply visit your nearest branch.
Bring the following when you apply
- Your identity document
- A letter from your employer
- Two passport photos
- Salary slips for last three months
Benefits
- Shari’ah-compliant lending product
- Financing up to TZS80 million
- Available to employees of established businesses who require Shari'ah-compliant finance
- No deposit or security required
- The flexibility of instalment payments up to 60 months
- The cost is fixed at the start and never changes
- You pays the same monthly instalment for the full period of the finance
- Competitive profit rates
Important information
- Murabaha finance facility
- Can be used to purchase any item which is Shari’ah compliant
Need more information or assistance?
Call us:
+255 22 219 3000 | +255 76 898 4011
Email us:
