Great features

  1. The interest rate is 20% reducing balance per annum
  2. LACE is at 2%

What you require to sign up

  1. You must have operated an account with Equity Bank for at least 3 months
  2. You must show proof of permanent employment

Why you should sign up for this product

  1. Maximum loan amounts depend on the security and your ability to pay
  2. The loan repayment period for purchase of motor vehicles is 36 months
  3. The loan repayment period for plot purchase and development is 48 months
  4. Security will be the purchased asset
  5. Minimum contribution is at 20%

Get in touch

We would like to call you back regarding this product.

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Equity Bank is Regulated by Bank of Tanzania (BOT)