Individual Savings Account
- Minimum opening balance is Tshs 15,000/=
- It is opened by an individual to save
- The depositor is given an ID card.
- Low monthly maintenance fee.
- A person can deposit and withdraw from account
- A small amount of fee will be charged on closure of the Account.
- Easy to open and operate.
- Attractive interest rate.
- Free cash transfers within the Bank.
- Personalized ID Card.
- Account Mini statement.
- Low maintenance fee.
- Three (3) passport size photograph.
- Introduction letter from local government.
- Residence / work permit for non-residents this applies for Individual customers.
- Copy of valid driver’s license or voter’s card or passport
- Copy of company/Business license and copy of business name registration.
- Employee job ID accompanied by a letter of recommendation from the employer (Institution,
- Company or Government)