Make sure you get the most out of your property – move your existing home loan to NBC and reward yourself with affordable rates and flexible repayment terms.
How to apply for my NBC Refinancing Home Loan?
Applying for NBC Refinancing Home Loan
Simply visit your nearest branch.
What to bring when you apply
- Your Identification card:- Voters’ ID, passport, National ID or Driver’s License
- Employment contracts and latest salary slips
- A commitment letter from your employer to deposit your salary to your NBC account
- Copy of marriage certificate for joint application
- Copy of title deed
- Evidence of minimum down payment
- Copy of your employee Identity Card
- Property visit and valuation report
- Sales agreement (if you’re not NBC customer yet)
Please note: Life and property insurance is mandatory for getting NBC Equity Release. We are willing to assist you with any type of insurance cover you need through NBC Insurance unit.
NBC Refinancing Home Loan gives you:
- Better rates
- Loans between TZS20 million to TZS500 million
- Transfer of ownership which is done before disbursement of the amount to the seller
- A title deed in your name
- Freedom of co-financing the loan with your spouse
- Flexible repayment period of up to 20 years
Important information
- NBC Refinancing Home Loan is offered to Tanzanian citizens only
- You need to be a monthly salary earner
Need more information or assistance?
Call us:
+255 76 898 4000/4011 | +255 22 219 3000 | +255 22 551 1000 | 0800711177 (Toll-Free)
Email us:
