Tanzania
Sign in
Personal
Products and Services
Ways to Bank
Ways to Bank
Business
Ways to Bank
Ways to Bank
Enterprise academy
Enterprise academy

Fixed Deposit

Fixed Deposit Banner

Open an investment account where you can choose your investment period, make a single deposit, and see your money grow at a fixed rate

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  • Withdrawals are not allowed; funds cannot be withdrawn during the investment period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 
  • What you get
  • What it costs
  • 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 Image 2
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
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.