HESLB Loan Repayment Procedure/Portal Login

Higher Education Students’ Loans Board (HESLB) Loan Repayment Procedure/Portal Login – Procedures Involve in paying your HESLB Loan and how to log into the Portal.

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HESLB Loan Repayment Procedure/Portal Login

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You are welcome to this page if you’re looking for how to repay your HESLB Loan and how to log into HESLB Loan Repayment Portal. We have published the procedure to repay your HESLB Loan below and how to log into the portal. You can check it out.

OVERVIEW

The Higher Education Students’ Loans Board (HESLB) is a body corporate established under Act No.9 of 2004 (as amended in 2007, 2014, and 2016) with the objective of assisting needy and eligible Tanzania students to access loans and grants for higher education. The main mandates of HESLB include:

  1. To assist, on a loan basis, needy students who secure admission in accredited higher learning institutions, but who have no economic power to pay for the costs of their education
  2. To collect due loans from loan beneficiaries and use them as revolving funds to sustain operations of the Board
  3. To create synergies through establishing strategic partnerships in the student financing ecosystem.

HESLB Loan Payment Procedures | Repay HESLB Loan

  • The Higher Education Students’ Loans Board (HESLB) is tasked by its establishing Act, under section 7 (I), to recover all due loans extended to former students since July 1994 so that the same money can be used to lend other students, thus rendering the Loan scheme sustainable and long-lasting.
  • Loans are repaid following the expiry of the two-year grace period upon successful completion of studies or upon earlier termination of studies for whatsoever reason
  • For commencement of loan repayment, a Loan Beneficiary will have to be availed with a loan statement after submission of the following particulars to the Board through email: [email protected]
  1. Full names as used during the study
  2. Higher Learning Institution attended
  3. Year of Entry and Year of Exit
  4. Postal and Physical address
  5. Mobile Tel. No.
  6. E-mail
  7. Employment status
  • Loans are repaid at a rate of not less than 15% of monthly income/salary of loan beneficiaries and Tzs. 100,000.00 for self-employed loan beneficiaries.

Loan Repayments Mode

All payments are payable to Higher Education Students’ Loans Board, by crossed cheque, Bankers direct transfer/standing order/EFT, or CASH DEPOSIT to HESLB collection A/C in any of the following banks

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BANK ACCOUNT NO. SWIFT CODES
NMB 2011100205 NMIBTZTZ
CRDB – Bank 01J1028467503 CORVUTZTZ
Tanzania Postal Bank CCA-024-00000032 TAPBTZTZ

Completion of Loan Repayment

Upon completion of loan repayment, kindly seek a clearance certificate from HESLB. Please note that only HESLB can confirm your loan repayment status. HESLB shall confirm loan repayment completion by issuing certificate of clearance.

GENERAL ENQUIRY

HESLB Loan Repayment Portal Login

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  1. Go to Heslb Loan Repayment Portal
  2. Follow the instruction on the portal to login.

HESLB CONTACT

  • Call Us: +255 22 286 4643
  • [email protected]
  • HESLB House, 1 Kilimo Street, TAZARA Area, Mandela Road, P.O.Box 76068, 15471. Dar es Salaam, Tanzania.

DAR ES SALAAM

  • HESLB House, 1 Kilimo Street,TAZARA Area, Mandela Road, P.O.Box 76068,

    15471 Dar es Salaam,

    Tanzania

  • +255 22 286 4643

    +255 22 286 4640

 

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