Personal Fixed Deposit
Open an investment account where you can choose your investment period, make a single deposit, and see your money grow at a fixed rate
TZS 500 000
Minimum Account Opening Amount
At Maturity
Access to Funds
Some of the benefits
Competitive Rates
Choose from a range of accounts offering guaranteed returns
Fixed Interest
Make a once-off deposit and watch your money grow at a fixed rate
Short or Long
Achieve your goals by saving from one month up to twelve months
Maturity Date
Ability to choose the maturity date of the investment
What you get
- Competitive interest rates (Interest rates are available upon request at all branches)
- Interest can be paid monthly, quarterly, yearly or on maturity
- Tenure ranges from 1 to 12 months
- No monthly management fees
- Flexibility to choose both the tenure and Maturity date.
- Auto rollover facility is available; Deposit can be renewed for a further period of time either automatically or by a new instruction from you
- You can have more than one fixed deposit if you want to save for different goals
- Funds in this account can be pledged and used as collateral
What it costs
- Minimum Account Opening Amount is TZS 500 000.
- No monthly management fees
- Withdrawals are not allowed; funds cannot be withdrawn during the investment period
How to get it
- Have an existing operating current or savings account
- New customers will need to open either a current or savings account before the fixed deposit account can be opened
Who qualifies
- Anyone 18 years or older can invest in a fixed deposit account
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What you get
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What it costs
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How to get it
-
Who qualifies
- Competitive interest rates (Interest rates are available upon request at all branches)
- Interest can be paid monthly, quarterly, yearly or on maturity
- Tenure ranges from 1 to 12 months
- No monthly management fees
- Flexibility to choose both the tenure and Maturity date.
- Auto rollover facility is available; Deposit can be renewed for a further period of time either automatically or by a new instruction from you
- You can have more than one fixed deposit if you want to save for different goals
- Funds in this account can be pledged and used as collateral
- Minimum Account Opening Amount is TZS 500 000.
- No monthly management fees
- Withdrawals are not allowed; funds cannot be withdrawn during the investment period
- Have an existing operating current or savings account
- New customers will need to open either a current or savings account before the fixed deposit account can be opened
- Anyone 18 years or older can invest in a fixed deposit account
We also offer
Pure Save
Have the flexibility to choose between making regular deposits towards your savings or deposit when you have a little extra to save
Hatua Account
An interest earning transactional account for minors/teens below 18 years to help them manage their money under their parent’s or guardian’s guidance.