Overdraft Facility
Designed to offer financial flexibility by allowing businesses access to additional funds when account balances are low.
Applicant must be at least 18 years of age
Business must have steady cash flow
Three years audited financial statements
Cash flow covering the loan period
Not intended for financing fixed assets
Minimum three years business experience
Allows overdrawing on MHB Business account
Facility is renewable
Connected directly to MHB Business account
Minimum loan amount: TZS 1,000,000/=
Maximum loan amount: Up to single borrower limit as per Bank Capital
Loan tenure: Up to 12 months
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