The Loan will be provided to individuals/companies who want to have their cars installed with the natural gas system (CNG). The facility aims to help clients afford to pay for it at once as the system is expensive to install but provides them opportunity to save cost for running the vehicle.
Features of a CNG Loan
- Loan amount, Minimum is Tzs. 3,000,000/= and Maximum is Tzs. 10,000,000/=
- The facility will be provided to car owners only, Employee or Business
- For employee from owners of 1 car and above
- For a company: Minimum number of cars owned is four (4) cars,
- The vehicle installed with the GPS system will be the primary collateral
- Joint registration and car tracking device installation is mandatory.