CRDB Bank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

CRDB Bank suits Tanzanian employees in contract or permanent work who want a salaried personal loan repaid over a long term with no early repayment charge. Cost is the weak point: a rate of 16% sits above the site median of 12%, and a 1.25% loan facility fee is added on the amount borrowed.

Key facts

Best for
Government and institutional employees wanting a salary-backed personal loan with a long term.
APR
16% (Source, checked September 26, 2026)
Loan amount
TZS 100,000 to TZS 250,000,000 (Source, checked September 26, 2026)
Term
120 months (Source, checked September 26, 2026)
Arrangement fee
1.25% loan facility fee plus 0.75% insurance fee on loan amount (Source, checked September 26, 2026)
Funding time
Within 48 working hours (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Employee of the government or selected private institutions, aged 18-60 years, employed under contract or permanent terms (Source, checked September 26, 2026)
Origination fee (%)
1.25% (Source, checked September 26, 2026)
Loan types
Personal, Secured, Student, Payday, Credit-line, Business (Source, checked September 26, 2026)
Legal entity
CRDB Bank PLC (Source, checked September 26, 2026)
Headquarters
Tanzania (Source, checked September 26, 2026)
Founded
1996 (Source, checked September 26, 2026)
Support channels
Phone, Email, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
crdbbank.co.tz

Mortgages

Initial rate
14% (Source, checked September 26, 2026)
Maximum loan to value
90% (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage, Home-equity (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
CRDB Bank PLC (Source, checked September 26, 2026)
Headquarters
Tanzania (Source, checked September 26, 2026)
Founded
1996 (Source, checked September 26, 2026)
Support channels
Phone, Email, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
LinkedInXyoutube.comfacebook.com

Pros and cons

Pros

  • Lending terms run up to 120, longer than the personal loan median of 36
  • Free early repayment, so a bonus or a windfall can cut the balance at no extra cost
  • Direct lender, so you deal with the bank rather than a broker
  • Same-day funding is listed as a feature, and money usually lands Within 48 working hours

Cons

  • The rate of 16% is above the site median of 12%
  • An arrangement fee applies: a 1.25% loan facility fee plus an insurance fee on the loan amount
  • Borrowing is limited to government employees and staff at selected private institutions
CRDB Bank

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Scored 9.2 / 10 by BorrowCue.

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Who it suits

  • Government employees, who meet the employment requirement for the personal loan
  • Staff at selected private institutions on contract or permanent terms
  • Borrowers in Tanzania who want a salary-backed loan over a long term with free early repayment

Who should look elsewhere

  • Self-employed applicants, since eligibility is tied to employment with the government or selected private institutions
  • Borrowers wanting the cheapest rate, since 16% sits above the 12% site median
  • Anyone outside the employment groups named in the eligibility terms

Safety and regulation

CRDB Bank is a direct lender based in Tanzania, operating as CRDB Bank PLC, and its own site runs in the United Arab Emirates under the Dubai Financial Services Authority. Most people here borrow the Tanzanian personal loan, not the Dubai business, so the protection rules that matter are the ones applying in Tanzania. The bank is a direct lender, which means the contract sits with the bank itself rather than a broker, and its own loans run from TZS 100,000 to TZS 250,000,000. No deposit protection scheme is named in the information available, so borrowers should treat the loan as unsecured and keep the term short.

How CRDB Bank compares

Where CRDB Bank is available

Available
Burundi, Democratic Republic of the Congo, Tanzania, United Arab Emirates
Licence in United Arab Emirates
Dubai Financial Services Authority (DFSA), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does CRDB Bank charge on a personal loan?+

The stated personal loan rate is 16%, and the bank lends in Tanzanian shillings between TZS 100,000 to TZS 250,000,000. That rate sits above the site median of 12%, so cheaper options elsewhere may offer a lower headline figure.

What fees are added to a CRDB Bank personal loan?+

An arrangement fee is charged on the loan amount, made up of a loan facility fee and an insurance fee. The facility fee alone is 1.25% of the amount borrowed, so borrowing more costs more in upfront charges as well as interest.

Who can borrow from CRDB Bank?+

Eligibility is limited to employees of the government or of selected private institutions, working under a contract or on permanent terms. Applicants must also be adults within the bank's stated age range, so self-employed and informal-sector borrowers are not covered.

How long can I repay a CRDB Bank loan?+

The term runs up to 120, which is longer than the personal loan median of 36. A longer term lowers the monthly instalment but keeps the fee and interest charges in place for longer, so a shorter term costs less overall.

Can I repay a CRDB Bank loan early?+

Early repayment is free, with no extra charge for settling the balance ahead of schedule. That is a plus if income is irregular, since a bonus or a sale of assets can reduce the balance at no penalty.

How long does CRDB Bank take to pay out?+

Funding is normally Within 48 working hours, and same-day funding is listed among the features. A faster payout helps if money is needed at short notice, but the stated timescale still depends on how quickly an application is approved.

Is CRDB Bank regulated and is my money protected?+

The bank is a direct lender in Tanzania, trading as CRDB Bank PLC, and it is regulated in the United Arab Emirates by the Dubai Financial Services Authority. No deposit protection scheme is named for the Tanzanian personal loan, so treat that borrowing as unsecured.

What other loans does CRDB Bank offer?+

Beyond the personal loan, the range includes personal, secured, student, payday, credit line and business lending. On the mortgage side, the initial rate starts at 14% with borrowing up to 90% of the property value, for purchase, remortgage and home equity.

How do I get help from CRDB Bank?+

Support runs through phone, email and help centre, so you can call, email or use the help centre. There is no branch or in-app chat listed, which suits people who prefer handling a loan enquiry by phone or written message.

Sources

  • crdbbank.co.tz/en checked September 26, 2026

    Backs: Loan types

    “Personal Loan; Jijenge Mortgage Loan; Boom Advance Loan; Salary Advance; Jinasue; SME Loan; MSE Loans”

  • crdbbank.co.tz/en/about-us/group checked September 26, 2026

    Backs: Founded, Headquarters

    “CRDB Bank Group is a trusted and dynamic financial services provider, pioneering inclusive growth since 1996.”

  • crdbbank.co.tz/en/crdb-dubai checked September 26, 2026

    Backs: Legal entity, Support channels, Licences

    “CRDB Bank PLC (DIFC Representative Office) is regulated by Dubai Financial Services Authority (DFSA)”

  • crdbbank.co.tz/en/for-you/bank-loan/mortgage-loan checked September 26, 2026

    Backs: Initial rate, Maximum loan to value, Purpose

    “Get a Jijenge loan from TZS 5 million to TZS 1 billion, at an affordable interest rate starting from 14% p.a., with a repayment period of up to 20 years.”

  • crdbbank.co.tz/en/for-you/bank-loan/personal-loan checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Features, Free early repayment, Funding time, Lender type, Arrangement fee, Origination fee (%), Term

    “Personal Loan: The minimum amount is TZS 100,000, and the maximum amount is TZS 250,000,000.”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check, Representative example.

CRDB Bank

CRDB Bank

Government and institutional employees wanting a salary-backed personal loan with a long term.

9.2/10See alternatives

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