Tanzania Postal Bank

Micro Credit

Micro credits target low income individuals, facilitating them to run their petty trades such as food vending, selling burns and boost their capitals for small industries etc.
Initial requirements

• Introduction letter from Village authority or local Government where the applicant resides.
• Guarantee from a person with permanent residence in the referred area.
• Introduction letters from two businessmen/women who are at/adjacent to your trading area.

The loan rates ranges from 50,000 shillings to 5,000,000:

The guarantee is any property which does not require transfer of ownership, houses with or without title deeds etc.

General requirements

• Sustainable and legal business.
• Aged 18 years or above.
Business Loans (Small and Middle Enterprises)

Business loans aim at liberating society from economic barriers by initiating and running business/projects such as farming, animal husbandry, fishery, mining, hotel, tourism, food processing, construction and production.

Types of loans for running a project/business

• Overdraft/Revolving facility.
• Advances/Fixed Term Credits.
• Lines of Credits.
• Bills Negotiated Credits.
• Packing Credits.
• Local Acceptances Credits.
• Foreign Acceptances Credits.
• Foreign Guarantees Credits.
• Local Guarantees and Indemnities.
• Instalment Loans.
Guarantee and Loan Conditions:

• Property with un-transferable ownership registration.
• Value of property must exceed the value of the loan at least by 30% (for un-transferrable property) or (75% for transferable property).
• Third party guarantee can be accepted if the applicant’s is insufficient.
• The guarantee must have been insured against fire, accidents, theft or robbery.
Branches

Head Office
Tanzania Postal Bank
Extelecoms Annex,
Samora Avenue
P.O. Box 9300
Dar Es Salaam, Tanzania
Tel: 255 - 22 - 2110621/2
E-mail: md@postalbank.co.tz

Manzese Branch,
P.O. Box 5500,
Dar Es Salaam.
Tel: 255 - 22 - 2400024 or 2400029
E-mail: manzese@postalbank.co.tz

Kariakoo Branch,
P.O. Box 9300,
Dar Es Salaam.
Tel: 255 - 22-2180485
E-mail: kariakoo@postalbank.co.tz

Zanzibar Branch,
P.O. Box 1931,
Zanzibar.
Tel: 255 - 24 - 2230732/2231798
E-mail: zanzibar@postalbank.co.tz

Mkwepu Branch,
P.O. Box 9300,
Dar Es Salaam.
Tel : 255 - 22 - 2112461
E-mail: mkwepu@postalbank.co.tz

Dodoma Sub Branch
P.O. Box 900,
Dodoma.
Tel: 255 - 26 - 2321673
E-mail: Dodoma@postalbank.co.tz

Metropolitan Branch,
P.O. Box 9300,
Dar Es Salaam.
Tel : 255 - 22 - 2124334
E-mail: mkpannex@postalbank.co.tz

Mbeya Sub Branch
P.O. Box 2568,
Mbeya.
Tel: 255 - 25 - 2504035 or 2504182
E-mail: mbeya@postalbank.co.tz
Regional Operating Units (Rou)

Arusha Sub Branch
P.O. Box 15100,
Arusha.
Tel: 255 - 27 - 2544528
E-mail: arusha@postalbank.co.tz

Kigoma Sub Branch
P.O. Box 1061,
Kigoma.
Tel: 255 - 28 - 2804241
E-mail: kigoma@postalbank.co.tz

Iringa Sub Branch
P.0. Box 2222,
Iringa.
Tel: 255 - 26 - 2702817
E-mail: iringa@postalbank.co.tz

Mtwara Sub Branch
P.O. Box 6
Mtwara.
Tel: 255 - 23 - 2333530
E-mail: mtwara@postalbank.co.tz

Tanga Sub Branch
P.O. Box 129,
Tanga.
Tel: 255 - 27 - 2643039
E-mail: tanga@postalbank.co.tz

Shinyanga Sub Branch
P.O. Box 1206,
Shinyanga.
Tel: 255 - 28 - 2763201-8
E-mail: shinyanga@postalbank.co.tz

Moshi Sub Branch
P.O. Box 854,
Moshi.
Tel: 255 - 27- 2753232
E-mail: moshi@postalbank.co.tz

Mwanza Sub Branch
P.O. Box 11516,
Mwanza.
Tel: 255 - 28 - 2500803 or 2502230
E-mail: mwanza@postalbank.co.tz

Bukoba Sub Branch
P.O. Box 924,
Bukoba.
Tel: 255 - 28 - 2221335
E-mail: bukoba@postalbank.co.tz

Tabora Sub Branch
P.O. Box 86,
Tabora.
Tel: 255 - 26 - 2604694
E-mail: tabora@postalbank.co.tz

Songea Sub Branch
P.O. Box 915,
Songea.
Tel: 255 - 25 - 2600526
E-mail: songea@postalbank.co.tz

Ilala Sub Branch
P.O. Box 9300,
Dar Es Salaam.
Tel: 255 - 22 - 2866023
E-mail: douilala@postalbank.co.tz

Dar es Salaam Branch
P.O. Box 9300,
Dar Es Salaam.
Tel: 255 - 22 - 2121190
E-mail: dsmrou@postalbank.co.tz

Morogoro Sub Branch
P.O. Box 777,
Morogoro.
Tel: 255 - 23 - 2603073
E-mail: morogoro@postalbank.co.tz

Kijitonyama Sub Branch
P.O. Box 9300,
Dar Es Salaam.
Tel: 255 - 22 - 2771612
E-mail: Kijitonyama@postalbank.co.tz