Salary Based Loan

Personal consumption  Lending Methodology Deductions through SSB Repayment frequency Monthly    Grace period None Pricing 1% Establishment fees 1.2% Insurance fees 1% Arrangement fees 1% Funds transfer fees 9% per month on reducing balance method Qualifying criteria Maximum depends on the current net salary. (Affordability table attached). Tenure Up to 24 months What you need to… Read more »

Property Sales

CBZ Bank in its thrust to deliver houses/stands has embarked on a number of low cost housing projects as follows: Gateway City Mutare: These are low density residential stands with whose sizes range between 1,531m² to 3,846m². The stands are located 7km to the South East of Mutare CBD. They are fully serviced and ready… Read more »

Diaspora Foreign Denominated Individual And Or Joint Mortgages

If you are a Zimbabwean living in the diaspora the CBZ foreign denominated loan allows you to invest in property back home through the following; Purchase of property, building and renovations Home improvements – solar installations, security systems, borehole drilling, gate motors, internet connectivity infrastructure Any other legal non speculative purposes against the security of… Read more »

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