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Compare personal loans

Real rates from banks and fintechs. Compared side by side, no affiliate bias.

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NMB Salaried Workers Loan

NMB Bank

This loan is ideal for salaried individuals looking for substantial funding without collateral, especially those whose salaries are processed through NMB.

NMB's Salaried Workers Loan provides a significant borrowing option, but its eligibility requirements may limit access for some.

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Stanbic Bank Unsecured Personal Loan

Stanbic Bank

Best for salaried individuals looking for significant funding without collateral.

This loan offers substantial amounts and long repayment terms, making it suitable for various financial needs.

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CRDB Bank Personal Loan

CRDB Bank

This loan is best for government and private sector employees seeking flexible repayment terms up to 10 years.

CRDB Bank's personal loan is for salaries earners in Tanzania needing substantial funds quickly.

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Bank of Baroda Tanzania Personal Loan

Bank of Baroda Tanzania

15.0% – 18.0%

Best for salaried employees with a stable income looking for substantial loan amounts.

The interest rates between 15-18% p.a. are competitive for personal loans in Tanzania, but the requirement for a minimum annual income of TZS 3 million might be a hurdle for some. The approval process is standard, so expectations for quick access to funds should be managed.

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Absa Bank Tanzania Personal Loan

Absa Bank Tanzania

Best for government employees and pensioners with a steady income.

This loan caters well to government employees and pensioners, offering up to TZS 200 million with a lengthy repayment period. However, the requirement for a salary to be channeled through an Absa account may limit options for some borrowers.

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Discover the best personal loan options this July.