Features and benefits

• A minimum deposit of Tsh 1.5 million is required to open the account.
• There is no maximum balance requirement, but the higher your balance, the more interest you will earn.
• Additional deposits cannot be made into the account, but you can open more than one Bonus investment account – ideal if you want to save for different goals.
• There are 5 investments periods to choose from – 6, 9, 12, 18 or 24 months.
• Once an investment period has been chosen, it cannot be changed.
• A guaranteed bonus is awarded if the account runs for the full investment term you have chosen.
• No management fees are charged on the account.

Who can apply
If you’re over the age of 18 and want to invest a lump sum for the future, a Bonus investment is right for you!  You can also open a Bonus investment account for your children and teach them the benefits of saving!

How to apply
Opening a Bonus investment account is easy!  Just visit your nearest Stanbic Bank branch with the following documents and complete an application form:

• A nationally accepted identification card (valid voter’s ID, drivers license or passport).
• 3 passport-sized photographs (for opening new accounts).
• Proof of residence in the form of a utility bill (less than 3 months old).