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Our Loans BFS Loan Product

Personal Loan

A quick personal financing solution designed to support short-term needs such as school fees, household expenses, and urgent priorities.

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Who can apply?

Eligible applicants

Individuals with a steady income needing quick personal financing

Loan AmountTZS 1,000,000 - TZS 10,000,000
Loan PurposeSchool fees, household expenses, and urgent priorities
Loan TermUp to 12 months
RepaymentMonthly installments
Features

A quick personal financing solution designed to support short-term needs such as school fees, household expenses, and urgent priorities.

  • School fees, household expenses, and urgent priorities
  • Term: Up to 12 months
  • Repayment: Monthly installments
  • A loan processing fee applies at disbursement
Benefits
  • Reviewed by a dedicated BFS branch and risk team, not an automated decision
  • Clear repayment schedule agreed before disbursement
  • Ongoing support from your account officer through repayment
  • Transparent terms with no hidden charges
Requirements

Eligibility

  • Individuals with a steady income needing quick personal financing
  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type

Collateral

  • Reviewed during assessment

Documents

  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type
  • Photos or documents of collateral where required
FAQs

Questions about Personal Loan

Who can apply for the Personal Loan?

Individuals with a steady income needing quick personal financing.

How much can I borrow?

TZS 1,000,000 - TZS 10,000,000.

How long do I have to repay?

Up to 12 months, repaid monthly installments.

Ready to apply?

Start your Personal Loan application now.

Fill in a short online form with your details and the amount you need. The BFS team will contact you to confirm documents, assess repayment capacity, and guide you through the next steps.

Start Application
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