CRDB BANK BOOM ADVANCE LOAN HESLB

CRDB BANK BOOM ADVANCE LOAN HESLB | PATA ADVANCE YA BOOM LAKO KABLA YA WENZAKO
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Boom Advance is a short term loan designed specifically for students of higher learning institutions. The product is intended to offer short term financial solutions to students prior to receiving HESLB allowances.

 
NOTE: Service Will Be Available After Opening Of Universities 

Why Boom Advance Loan?
  • Instant loan 24/7- no paperwork required
  • No interest applied.
  • Reasonable loan amount of up to TZS 120,000
  • Option to top up loan
  • Automatic repayment as soon as HESLB pays allowances.

Who is Eligible for Boom Advance Loan?
  • HESLB Loan beneficiary
  • Registered in a public or private university
  • Must Maintain Account with CRDB Bank and received HESLB allowances at least once
  • Registered with SimBanking App.
  • A student must be on-boarded through Digital Disbursements Solution (DIDIs)

How to Apply for Boom Advance Loan?
  • Log in SimBanking App.
  • Select Quick Loans
  • Select Boom Advance
  • Enter loan amount requested (You can lend from TZS10,000- TZS 120,000- You are not restricted to apply the whole amount at once, you can apply at any time you are in need.
  • Accept Terms & Condition
  • Confirm Transaction
  • The loan amount will be credited instantly into the borrower’s accounts.

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