Great features

  1. Interest is at a flat rate of 16 - 18%
  2. LACE is at 2%

What you require to sign up

  1. You should be an account holder with Equity Bank for at least 6months
  2. Have a registered business
  3. Have a permanent business location
  4. You should have acceptable securities

Why you should sign up for this product

  1. Loan amount is above Tshs. 500,000,000
  2. Maximum repayment period is up to 60 months
  3. You have a flexible repayment period on monthly basis or depending on cash flow cycle
  4. Requirements for security are flexible i.e. log books, title deed, residential license, debentures, shares, Treasury Bills, etc.
  5. Credit Life Insurance is included

Get a quick quote

You will take home

Installments (p.m)

LACE (6%)

Insurance (0.625%)

Total Interest

Total Loan

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Equity Bank is Regulated by Bank of Tanzania (BOT)