With the NBC Equity Release you can borrow up to 85% of the value of your property. So this means that you, as a homeowner, can access much needed cash to carry out home improvements, pay off expensive debt or more.

I want it

How to apply for an NBC Equity Release?

Get started

Simply complete our online form and we will contact you, or visit your nearest branch.

What to bring when you apply

  • Your ID, passport or driver’s licence
  • Employment contracts and current salary slips
  • A commitment letter from your employer to channel your salary to NBC
  • Copy of marriage certificate for joint application
  • Copy of title deed
  • Evidence of minimum down payment
  • Copy of your employee ID
  • Property visit report
  • Valuation report

Please note: Life and property insurance is mandatory for getting NBC Equity Release. We are willing to assist you with any insurance you need. 

Benefits
  • Top up your existing mortgage or refinance your property
  • Borrow up to 85% of the Loan-to-Value (LTV) of your property (excluding mortgage amount)
  • The title deed will remain in your name
  • Get access to the capital tied up in your property
  • Released equity can be used for renovating or completing your home
Important information
  • You need to be a Tanzanian citizen
  • You need to earn a salary
  • Loans available from TZS20 million to TZS500 million

Need more information or assistance?

Call us:

+255 76 898 4000 | +255 22 219 3000 | +255 22 551 1000 

Email us:

contact.centre@nbctz.com

Contact usFind a branch