Fixed Time Deposit Account
- No monthly charges.
- Interest to be paid annually.
- No withdraw charges.
- Customer can deposit a monthly amount of money for 3-24 months
- The minimum monthly deposits are only Tshs. 50,000/=
- Minimum opening balance is TZS 100,000
- The Account can be jointly opened and operated.
- Minimum interest earning balance is TZS 500,000
- Interest is accrued monthly and applies bi annually
- The higher the savings, the higher the interest
- Customer can opt for a saving objectives.
- Access to an emergency loan
- Competitive and Attractive interest rate
- Absolutely free of monthly and transaction charge
- Easy to open and operate.
- Low maintenance fee.
- Opening account application letter.
- Identity card i.e. driving license, voter’s id, national identity card, utility bills etc.
- Introduction letter from local government for each signatory.
- Certificate of registration which will be presented during maturity of the plan
- Normal account opening requirement applies.
- Acceptance Saving plan