Plot loans is a product under Tpb Bank PLC /Presidential Sector Pension Fund (PSPF) partnership specifically designed to issue loans to PSPF eligible members for the purpose of acquiring plots owned by companies
The bank and PSPF have entered into agreement with Real estate developer for selling surveyed plots situated in various areas like Mlandizi, Kibaha, Kigamboni and Bagamoyo.
- Enables beneficiaries to own his/her plot easily.
- The prospective buyer shall make the requite initial payment of 10% of the plot value only
- The eligible borrower must be member of PSPF for at least 6 months
- Longer loan tenure that enables the borrower pay the loan smoothly
- Competitive interest rate and low lending charges