CRDB BOOM ADVANCE LOAN HESLB

May 23, 2020 Ajirasasa EDUCATION, HELSB 0

Job Opportunity at CRDB Bank Specialist; Data Architecture Design & Governance
Job Opportunity at CRDB Bank

CRDB BANK BOOM ADVANCE LOAN HESLB

BOOM ADVANCE LOAN

Boom Advance is a short term loan designed specifically for students of higher learning institutions.  The product is intended to offer short term financial solutions to students prior to receiving HESLB allowances.

Why Boom Advance Loan?

  • Instant loan 24/7- no paperwork required
  • No interest applied.
  • Reasonable loan amount of up to TZS 120,000
  • Option to top up loan
  • Automatic repayment as soon as HESLB pays allowances.

Who is Eligible for Boom Advance Loan?

  • HESLB Loan beneficiary
  • Registered in a public or private university
  • Must  Maintain Account with CRDB Bank  and received HESLB allowances at least once
  • Registered with SimBanking App. 
  • A student must be on-boarded through Digital Disbursements Solution (DIDIs)

How to Apply for Boom Advance Loan?

  1. Log in SimBanking App. Don’t have SimBanking App? Download here
  2. Select Quick Loans
  3. Select Boom Advance
  4. Enter loan amount requested (You can lend from TZS 10,000- TZS 120,000- You are not restricted to apply the whole amount at once, you can apply at any time you are in need.
  5. Accept Terms & Condition
  6. Confirm Transaction
  7. The loan amount will be credited instantly into the borrower’s accounts.

To apply Open Simbanking App here

Read Also:

  1. HESLB Appeal Names Loan Beneficiaries 2019/20 – MAJINA MKOPO RUFAA 2019/20 Academic Year
  2. HESLB Appeal Window for 2018/2019 Academic Year : Apply Now Through Online Loan Application System
  3. SUA: Batch II Loan Allocation for First Year Students Who Secured Sponsorship from HESLB
  4. Higher Education Students’ Loans Board (HESLB): Public Notice to All Loan Applicants 2018/19 Academic Year
  5. HESLB: Public Notice on Issues Related to Loan Allocation 2018/19 | Released Today 2nd November, 2018
  6. HESLB Batch 2 PDF File: ORODHA YA WANAFUNZI WALIOPANGIWA MIKOPO BATCH 2 | Full List of Loan Beneficiaries in 2018/19 | Download Here
  7. HESLB Appeal Window Opened 2019/20 RUFAA MKOPO HESLB YAFUNGULIWA
  8. Batch 1 Loan Allocations for Sokoine University of Agriculture First Year Students Receiving Sponsorship from HESLB 2018-19
  9. HESLB: Questions and Answers about Loan allocation 2018/19
  10. HESLB Extends The Deadline for Loan Applicants to Correct Their Information

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