About Diamond Trust Bank Tanzania
Diamond Trust Bank (DTB) is a leading regional bank, listed on the Nairobi Securities Exchange (NSE). An affiliate of the Aga Khan Development Network (AKDN), DTB has operated in East Africa for over seventy years.
DTB’s focus on the SME sector and commitment to enhancing convenience for customers through branch network expansion has driven the Bank’s growth in recent years.
With over one hundred and thirty branches in Kenya, Tanzania, Uganda, and Burundi, some of which are 24/7 digital branches, DTB is committed to enabling people to advance with confidence and success. The Bank’s heritage and values are articulated in its brand promise, Achieve More, and brought to life through an engaged diverse workforce.
Vision
Enabling people to advance with confidence and success.
Mission
To make our customers prosper, our staff excel and create value for our stakeholders.
Our Values
Excellence
This is the core of everything we do. We believe in being the best in everything we do in terms of our services, products and premises.
Integrity
We steadfastly adhere to high moral principles and professional standards, knowing that our success depends on our customers’ trust.
Customer Focus
We fully understand the needs of our customers and we adapt our products and services to meet them. We always strive to put satisfaction of our customers first.
Meritocracy
We believe in giving opportunities and advantages to our employees on the basis of their ability. We believe in rewarding achievement and in providing first-class career opportunities for all.
Progressiveness
We believe in the advancement of society through the adoption of enlightened working practices, innovative new products and processes.
Diamond Trust Bank Tanzania Loan
Diamond Trust Bank Tanzania lends property and cash loans at the rate you need, there are loans for entrepreneurs and small business owners who need to grow their businesses and capital according to their income. Diamond Trust Bank Tanzania gives you the opportunity for a businessman & entrepreneur to borrow the amount of money you need. they also offer property and cash loans to government employees and companies click here so you can check the methods and criteria for getting a loan.
SME Loans
These are credit facilities specifically designed to suit needs and goals of small & medium enterprises (SMEs) in Tanzania.
Features
Dedicated relationship managers for guidance in the application process
Expert advice on trade finance needs for the SMEs
Benefits
Flexible interest rates
Quick processing to help you meet your deadlines
Credit Facilities / Arrangements
These are extensive range of credit facilities designed to cater for corporate needs including-:
Overdrafts – designed to meet working capital requirements in TZS or USD.
Term Loans – offered to fund new business lines, expand their business activities and acquire capital assets. Repayable in monthly installments till full repayment.
Bills Financing – offers short term financing of up to one hundred and eighty days by discounting Bills / Invoices. Includes also Post Import Loans and Bills under LCs discounted.
Home Loans
An all-inclusive mortgage product designed to meet the needs of home loans in Tanzania.
Features
- Financing up to 75% of property value
- Mortgage period up to ten years
- Purpose of the loan is to finance construction, purchase, and renovation of residential houses / apartments
- The bank shall finance up to 75% of cost price / sale agreement value or registered value whichever is l
- ower. Minimum credit limit TZS 50 million and the maximum credit limit TZS 500 million
- The loan is repayable within a maximum period of fifteen years or no later than the 60th birthday or date of
- retirement whichever comes first, including moratorium period
- The interest is charged at the bank’s base rate of 20% p.a., plus or minus a margin of not more than 4%.
- The interest rate is not fixed; it’s subject to change depending on market conditions
- The product targets persons with minimum income TZS 4,000,000 gross monthly income for salaried
- employees. Spouse income may also be considered for properties jointly registered with both of them as borrowers
- The primary security for the mortgage shall be a first legal charge over the property financed. Spouse
- guarantee shall be taken in respect of married persons
- Valuation of properties shall be carried out by bank’s approved valuers prior to the approval processes
- The borrower will be required to pay the advocates fees, stamp duty, registration fees, valuation fees and the insurance premiums on the property and on life, etc
- The borrower shall take credit insurance for the period of the loan
- Mortgage loans are subject to a non-refundable appraisal fee of 2% of credit facility
For self-employed persons:
- Audited accounts (three years) + latest management
- Copies of one year’s bank statements
- Business registration certificate (TIN, certificate of incorporation, business license, MEMARTS)
- Cash flow projection for one year
- Copy of the latest annual returns and receipts
- Copy of sale agreement / bills of quantity
- Copies of the identification documents / passport
- Draft of valuation and search report of the property
- Copy of title deed
- Business profile
Diamond Trust Bank Tanzania Address, Location and Contact Details
Head Office, 9th Floor
901, Harbour View Towers
Samora Avenue
- P.O. Box 115, Dar es Salaam, Tanzania
- Tel: +255 22 221 8000 / +255 22 2114892
- Toll Free: 0800 110110
- Email: customercare@diamondtrust.co.tz
Job Vacancies, career and Internships at Diamond Trust Bank Tanzania
NMB uses creative recruitment practices that ensure all applicants are carefully evaluated. Diamond Trust Bank Tanzania Job vacancies are normally advertised through the Official Diamond Trust Bank Tanzania Tanzania career website page which can be accessed through this link – https://diamondtrust.co.tz/careers
Find and apply for jobs advertised by Diamond Trust Bank Tanzania by browsing the links listed below:
Diamond Trust Bank Tanzania useful links
- Diamond Trust Bank Tanzania website: https://diamondtrust.co.tz/
- Diamond Trust Bank Tanzania job vacancies – careers page: https://diamondtrust.co.tz/careers
- Diamond Trust Bank Tanzania Loan: https://diamondtrust.co.tz/borrowing/sme-loans
