Tanzania
Pure Save
Have the flexibility to choose between making regular deposits towards your savings or deposit when you have a little extra to save
TZS 50 000
Minimum Opening Balance
None
Monthly Fee
Some of the benefits
Instant access
No notice period, simply withdraw or transfer your cash
Convenience
Conveniently deposit to or withdraw from your account anytime, anywhere by using Mobile Banking, Internet Banking and our Banking App.
Flexibility
You can have more than one Pure Save account for your different savings goals
No monthly management fees
Pay no monthly management fee when you maintain the minimum balance of TZS 50,000
What you get
- There is no monthly management fee as long as you maintain a balance of above Tsh50 000
- No fees are charged for transferring money from your Stanbic Bank transactional account to your Pure save account
- You start earning competitive interest from Tsh100 000
- Your money is available when you need it
- Cheque deposits at our branches are free
- All cash deposits are free
- 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
- 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
- No fees are charged for transferring money from your Stanbic Bank transactional account to your Pure save account
- 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
- Refer to our Tariff Guide
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
- Anyone 18 years or older may open a Pure Save account. There is no minimum depositor balance requirement
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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 you maintain a balance of above Tsh50 000
- No fees are charged for transferring money from your Stanbic Bank transactional account to your Pure save account
- You start earning competitive interest from Tsh100 000
- Your money is available when you need it
- Cheque deposits at our branches are free
- All cash deposits are free
- 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
- 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
- No fees are charged for transferring money from your Stanbic Bank transactional account to your Pure save account
- 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
- Refer to our Tariff Guide
- 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)
- Anyone 18 years or older may open a Pure Save account. There is no minimum depositor balance requirement
We also offer
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.
Mobile Banking
Enjoy the convenience of anytime, anywhere banking from your phone, with inter-account transfers and payments.