About Mkombozi Commercial Bank
Mkombozi Commercial Bank Plc (MKCB) started as an initiative of the Tanzania Episcopal Conference in 2009 to establish a Commercial Bank with the main objective of serving and supporting the emerging Tanzanian businesses for provision of financial services.
Mkombozi Commercial Bank’s target markets are small and medium sized entrepreneurs, companies, SACCOS, social enterprises such as schools, universities and corporations. MKCB serves the need of growing companies, middle-market and large corporations, institutional investors, financial institutions and government entities.
MCKB has (11) branches; four are located in Dar es Salaam (St Joseph’s branch, Msimbazi branch, Kariakoo branch and Tegeta Branch) and seven other branches are located in upcountry; Mwanza branch, Moshi Branch, Bukoba branch, Morogoro Branch, Dodoma branch, Iringa branch and Njombe branch.
MKCB is committed to provide high quality financial services to all sectors in Tanzania. The bank plans to extend financial services through digital banking so as to continue enhancing affordability, accessibility and in line with the bank’s objective of increasing financial inclusion in the country.
Vision
“To be a leading bank in addressing the growth needs of small and medium size enterprises through delivery of high quality and integrity banking services to a wide micro customer base and corporate enterprises”
Mission Statement
“To be a bank that will provide high quality financial services to all sectors and levels of the economy in a sustainable and socially responsible manner to meet stake holder’s expectations”
Core Values
Maximizing shareholders value.
Adhering to good corporate governance.
Serving customers cordially with speed and efficiency.
Applying the principle of flexibility and responsiveness.
Inspiring pride and confidence among the general public.
Delivering quality and distinguished products and services.
Observing the highest level of ethics, integrity and honesty.
Operating with prudence and in conformity with statutory and regulatory requirements.
Please visit or contact your nearest Mkombozi branch or you call us on our number – 0800 750 040 to learn more on what we can do for you
Mkombozi Commercial Bank Loan
Mkombozi Commercial Bank 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. Mkombozi Commercial Bank 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.
Business Loans
Loans extended to SMEs and Corporates engaged in profitable business activities in a variety of sectors including trade and commerce, transport, communication, industry/manufacturing, agriculture, animal husbandry, fisheries and crop finance, Government sector, building and construction and service sector. The loans can be used to finance working capital, acquisition of business assets and infrastructural development.
What Business Loan offers you?
- Flexible repayment plans.
- Affordable and attractive interest rates.
- Faster and easy way to access business funds.
- Supports growth and development of entrepreneurs.
- You’ll be looked after, at all time, with personalized service from a dedicated loan officer.
Loan offered to salaried employees of reputable organizations and /or companies whose mode of salary payment is through monthly remittance of net salary by the employer to the borrower’s salary account held at MKCB. The product requires an agreement between your employer and MKCB. Once this is in place, you can easily apply for a loan to purchase household assets, finance incidental expenses like school fees and any other family obligations.
What Salaried Loan offers you?
- No collateral/mortgage.
- Faster processing speed.
- Affordable interest rate.
- No restriction on the purpose of loan.
- Early liquidation is allowed and there is no penalty.
- The loan is insured against death and permanent disability.
- Monthly repayments remain unchanged even if your salary goes up.
- You‘ll be looked after, at all times with personalized service from a dedicated loan officer.
- Repayment period ranges from three months to 36 months giving a wider choice for a borrower to position his or her repayments frequency enabling client to have small and manageable repayment installments.
We are a solution to your immediate financial needs
Solidarity Loans
Solidarity Group Loans target the natural persons whose income depends on their own business or economic activity, who may lack formal financial statements and other accounting and operational records, and who may lack physical securities. These Loans are intended to provide micro entrepreneurs with an opportunity for improving their standard of living.
REQUIREMENTS:
- Compulsory savings.
- A group of 3-5 members.
- Pledge of personal assets.
- Pledge by members of the Centre.
- Pledge by members of the Core Group.
- There must be an on-going business activity.
BENEFITS:
- Affordable to micro entrepreneurs.
- Installments are by bi-weekly basis.
- Affordable to most low income earners.
- Borrowers and spouse have death insurance.
- Fast and easiest way to access business funds
Loans designed to provide partial finance to the purchase of production equipment.
Benefits;
- Flexible repayment plans.
- Affordable and attractive interest rates.
Loans Against FDRs
These are loans that allow immediate borrowing up to 80% of your savings.
REQUIREMENTS:
- Fixed deposit or Savings account with MKCB.
BENEFITS:
- Faster processing speed.
- Offers greater financial flexibility.
- Available funds for emergency cash needs
For more information About Loans you can Click Link Below
- Mkombozi Commercial Bank Loan: https://mkombozibank.co.tz/deposit/savings-account
Mkombozi Commercial Bank Location and Contact Information
MKCB Head Office
- Plot No.40, Mansfield Street,
- [email protected]
- P.O. Box 38448, Dar es Salaam, Tanzania
Vacancies and Internships at Mkombozi Commercial Bank
Mkombozi Commercial Bank Job vacancies are normally advertised through the Official Mkombozi Commercial Bank Tanzania career website page which can be accessed through this link- https://mkombozibank.co.tz/
Find and apply for jobs advertised by Mkombozi Commercial Bank by browsing the links listed below:
Mkombozi Commercial Bank useful links
- Mkombozi Commercial Bank website: https://mkombozibank.co.tz/
- Mkombozi Commercial Bank job vacancies – careers page: https://mkombozibank.co.tz/
