Do you need finance for household goods, building materials, electronic equipment or any other high-value purchase? Then NBC La Riba Personal Group Finance is your answer. This Shari’ah-compliant lending product is based on the Murabaha Islamic principle: NBC buys the goods on your behalf and adds a profit margin.

 

The benefits of La Riba Personal Group Finance

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No guarantee required

No deposit or security required.

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Flexible repayment

Repayment period of up to 60 months.

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Finance for purchases between TZS10 and TZS80 million.

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Cost-plus finanace

Based on the Murabaha Islamic principle.

How do I get NBC La Riba Personal Group Finance?

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Simply visit your nearest branch.

Bring the following when you apply

  • Your identity document
  • A letter from your employer
  • Two passport photos
  • Salary slips for last three months
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Benefits
  • Shari’ah-compliant lending product
  • Financing up to TZS80 million
  • Available to employees of established businesses who require Shari'ah-compliant finance
  • No deposit or security required
  • The flexibility of instalment payments up to 60 months
  • The cost is fixed at the start and never changes
  • You pays the same monthly instalment for the full period of the finance
  • Competitive profit rates
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Important information
  • Murabaha finance facility
  • Can be used to purchase any item which is Shari’ah compliant

Need more information or assistance?

Call us:

+255 22 219 3000 | +255 76 898 4011

Email us:

contact.centre@nbc.co.tz

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