Autoloans are offered to individuals, mostly in urban and semi-urban areas for purchase of an automobile for personal use

Quick Facts

  Minimum loan size

TJS 4,500 / USD 500

  Maximum loan size

TJS 135,000 / USD 15,000

  Minimum loan term

1 month

  Maximum loan term

48 months Ц TJS loans

36 months Ц USD loans


Guarantor is required for loans above TJS 9k. The full financial analysis of the guarantor is required


Guarantor is required for loans above TJS 9k.

In case the purchased car is not in compliance with the collateral coverage requirement, the Borrower should pledge other collaterals as per the security matrix requirement.

  Minimum customer contribution

         10% of automotive price for loans above USD 5k

  Grace period

  (only principal amount)

1 month


 TJS and USD

  Interest rates in TJS

  28% - 35% Interest rates are stated annually        

  Interest rates in USD

18% - 25% Interest rates are stated annually       

  Early closure

Allowed with the condition to formally report but no penalties as per the NBT requirements.

How to Apply

Interested clients should consult with the nearest branch or banking service centre.

Clients should bring with them the following documents:

Х Copy of a valid passport

Х Tax Identification Number (TIN)

Х Two recent passport size color photos

Х Investment plan

Х Income certification document/copy of employment agreement 

Х List of items being pledged as collateral  

Х Copy of a valid passport of the guarantor

Х Tax Identification Number of guarantor


Х Attractive interest rates with the potential for further discount if the customer opens an FMFB deposit account and services their loan through it

Х Large loan size and long loan maturity term allows customers to purchase an automobile  now while spreading out payment over an extended period of time

Х Transparent and collaborative loan application process that is rooted in integrity and customer protection principles