Tanzania
Pure Save
Get into the habit of putting away money regularly with this easy-to-use savings account
TZS 50 000
Minimum Opening Balance
None
Monthly Fee
Some of the benefits
Convenience
Get access to our self-service channels, i.e. Mobile Banking, Internet Banking and Mobile App.
Flexibility
You can have more than one Pure Save account for your different savings goals
Instant access
No notice period, simply withdraw or transfer your cash
No monthly management fees
There is no monthly management fee as long as your balance stays above TZS 50,000
What you get
- There is no monthly management fee as long as your balance stays above Tsh50 000
- No fees are charged for transferring money from your Stanbic Bank transactional account to your Pure save account
- Cheque deposits at our branches are free
- All cash deposits are free
- You start earning competitive interest from Tsh100 000
- You do not need to choose a savings period so you can save for as long as you want
- You can add to your savings at any time
- Your money is available when you need it
- You can have more than one Pure Save account for your different savings goals
What it costs
- Minimum opening and operating balance to be TZS 50,000 and USD 50
- Penalty fee for breaching minimum operating balance to be TZS 2,000 and USD 2
- Minimum balance to start earning interest is TZS 100,000 and USD 100
What you need to get it
- Introduction letter from your employer/ Ward Clerk
- 2 passport-size photographs
- Valid ID (National ID, Passport, Work/Resident permit for non-Tanzanians)
- Proof of Residential address (Utility Bill)
Who qualifies
- If you are 18 years or older and want to save for your future, open a Pure save account today
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What you get
-
What it costs
-
What you need to get it
-
Who qualifies
- There is no monthly management fee as long as your balance stays above Tsh50 000
- No fees are charged for transferring money from your Stanbic Bank transactional account to your Pure save account
- Cheque deposits at our branches are free
- All cash deposits are free
- You start earning competitive interest from Tsh100 000
- You do not need to choose a savings period so you can save for as long as you want
- You can add to your savings at any time
- Your money is available when you need it
- You can have more than one Pure Save account for your different savings goals
- Minimum opening and operating balance to be TZS 50,000 and USD 50
- Penalty fee for breaching minimum operating balance to be TZS 2,000 and USD 2
- Minimum balance to start earning interest is TZS 100,000 and USD 100
- Introduction letter from your employer/ Ward Clerk
- 2 passport-size photographs
- Valid ID (National ID, Passport, Work/Resident permit for non-Tanzanians)
- Proof of Residential address (Utility Bill)
- If you are 18 years or older and want to save for your future, open a Pure save account today
We also offer
Hatua Account
A students account offering convenient ways for transacting and also for parents/guardians saving for their young one’s future
Mobile Banking
Enjoy the convenience of anytime, anywhere banking from your phone, with inter-account transfers and payments.