Buy a home

    Get up to 100% of the purchase price as a loan with a 25-year repayment period and affordable interest rates

    Up to TZS1 billion in finance

    Up to 90% of the purchase price and up to 100% if you take collateral replacement indemnity

    Debt service ratio goes up to 60% if you get an Absa Credit Card

    Flexible repayment tenure of up to 25 years (dependent on your retirement age)

    Get your loan now

    • Documents required to apply

      • Valid identity card (driving licence, national ID, passport or voter's ID)
      • Introduction letter from employer, from local government or from lawyer
      • Residential address letter from local government or utility bill receipt
      • Completed account opening application form

    Home Improvement

      Allows you to increase the value of your house for future resale or remortgaging

      Up to TZS500 million

      Up to 80% financing on your property value to improve the value of your house

      You enjoy flexible repayment with a long tenure of up to 20 years

      Get your loan now

      • Documents required to apply

        • Valid identity card (driving licence, national ID, passport or voter's ID)
        • Introduction letter from employer, from local government or from lawyer
        • Residential address letter from local government or utility bill receipt
        • Completed account opening application form

      Construction loan

        Finish construction in the shortest possible time due to availability of funds

        Up to TZS500 million or 20% to cover initial construction costs

        Flexible repayment tenure of up to 20 years

        Property will be evaluated at beginning of construction and then after property is complete to ensure full utilisation of funds Funds will be advanced to you, then to contractor in tranches, that are aligned with BOQ report provided/stages of construction

        Valuation fee starting from TZS600,000 (dependent on property value)

        Debt service ratio goes up to 60% if you take the Absa credit card as well

        Get your loan now

        • Documents required to apply

          • Valid identity card (driving licence, national ID, passport or voter's ID)
          • Introduction letter from employer, from local government or from lawyer
          • Residential address letter from local government or utility bill receipt
          • Completed account opening application form

        Equity release

          Get up to TZS1 billion

          Enjoy flexible repayment with long tenure of up to 25 years

          Allows you to carry on with your other investments without having to sell off any of your properties/investments

          Debt service ratio goes up to 60% if you get an Absa Credit Card with your equity release

          Get your loan now

          • Documents required to apply

            • Valid identity card (driving licence, national ID, passport or voter's ID)
            • Introduction letter from employer, from local government or from lawyer
            • Residential address letter from local government or utility bill receipt
            • Completed account opening application form

          Start your loan application now




          Need more help?

          Call us:
          0800750078 (Toll free)
          +255 (0)746 882 000 (Network charges apply)

          Email us:

          talktous@absa.co.tz