Business & Consumer Loans : Tanzania Postal Bank

Name of the Organization : Tanzania Postal Bank Ltd
Type of Facility : Business & Consumer Loans
Applicable Country : Tanzania

Website : http://www.postalbank.co.tz/index.php/en/products/credit-facilities

Business & Consumer Loans :

TPB do offer various types of credits/loans depending on the credit/loan duration or term. The terms are either short i.e. not exceeding 24 month OR medium i.e. not exceeding 60 month.

Related : Tanzania Postal Bank Apply For TPB POPOTE : www.statusin.org/6282.html

The following are the specific types of loans offered:-
(A) Business Loans Or Smes:
These are extended to customers in order to expand their business working capitals

(B) Consumer Loans:
These aims at assisting employees to borrow and repay their loans by using salaries. Securities such as land or vehicle are not required here.

(C) Micro Credits:
These aims at helping petty traders to improve and develop their small scale businesses.

(D) Bank Guarantee:
This service is available to customers to enable them executing their business contracts; and there are four types of these guarantees, namely:-
(i) Bank Guarantee
(ii) Bond Guarantee
(iii) Performance Bond Guarantee
(iv) Letter of Credit

(E) Personal Loans:
Aims at helping individual borrowers to pay for their various needs such sa school fees; medical treatment, home improvement etc

(F) Loans Against Lien:
These types of loans are normally extended to customers who have account at TPB such as WADU Plus; FDR; Quick Account; Call Account etc

For more information about loan facilities available at TPB; customers and general public are advised to visit any nearest TPB Branch.

FAQs :
What is TPB Popote?
Is the mobile banking service which enables you to know and get various information about your account anywhere, anytime through your mobile phone

How do I access TPB Popote?
Dial *150*21# and then follow instructions.

What can I access from TRA Tax Collection from TPB?
You may access the following in any TPB branches countrywide; New Driving License Fee, Income Tax, Development Lavy, Property Tax and Custom Taxes.

Which credit facilities do TPB offer?
TPB offers Business Loans, Consumer Loan, Micro Credit, Bank Guarantee, Personal Loans and Loans Against Lien.

What is the duration for a Fixed Deposit Account?
Deposits durations vary from 3months, 6months, 9months, 12months and 24months.

What are the benefits of opening a Fixed Account at TPB?
High interest rate at the time of maturity, it is secure, simple and convenient way yo achieve your future goals.

About Us :
Tanganyika Postal Office Savings Bank (now Tanzania Postal Bank (TPB)) came into being in 1925 when Tanganyika was under British Rule. It later became a Savings Bank under the then East African Post and Telecommunications which ceased to operate after the collapse of the East African Community. The Tanzania Posts & Telecommunications Corporation (TP&TC) came into being to cater for the Tanzanian market.