BIMA LOAN

Free up Your cash Flow
Annual insurance premium can a drain on your cash flow. The solution? "BIMA LOAN", the unique insurance Premium Finance from Exim bank Ltd.

It helps you spread the cost of your insurance premium over 6 to 10months, freeing up your cash stream for other important things.

Not only does Exim Bank provide Insurance Premium Finance at high competitive rates, we insure that it is win-win situation for all the parties concerned i.e the clients/brokers and insurance companies.

"BIMA LOAN", Insurance premium Financing: The loan that facilitates easing of your cash flow position

The eligibility:
Any individual or corporate who wants to invest in life/non life insurance policies:

The procedure:
The Premium Finance Plan is a loan to pay your insurance premium.
On successful processing of the application, Exim Bank will make the payments direct to your insurer.
All you have to do later is to pay the loan through flexible monthly installments.

The limits:
Tsh: Minimum: 5 Mn & up to a maximum: 1000mn

USD: Minimum: 7500 & up to a maximum: 750,000

It's simple!
Complete a simple application form and the Insurance Premium Finance Plan Agreement (which must be endorsed by the insurance company). A Tripartite agreement involving you, your insurer and Exim Bank.

It gets simpler!
NO COLLATETERALS & the EBL BIMA LOAN is approved in the shortest possible time!

Modes of payment:
You repay the loan through an easy, flexible installment plan. You spread your payment over maximum period of 10 months or a minimum of 6 months.

Interest Rate:
We offer competitive rates to make it easier for and there are no hidden charges.

Facilitation charges: NIL

Easy Application, Quick Processing:
Request the BIMA LOAN Application Form from any of our branches/office, complete the details, and forward to the bank. For further information please call Mr. Joseph (0715 692 081-022 21341546), 8th floor, CRDB Bldg, Azikiwe street, Dar es Salaam

Contact: Number: +255 22 2293000 Email: customercare@eximbank-tz.com