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RODUCT FEATURES

  • Minimum opening balance TZS 5,000,000/= or USD. 5000
  • Low minimum opening balance
  • Tenors of 7 Days to 3 months
  • No account maintenance charges
  • Attractive interest rates
  • Flexible period terms
  • Interest on monthly minimum balance applied annually

Account Opening Requirements:

  • Two Colored passport size photographs.
  • Funds to be invested.
     

Identification document which should be either of the following:

  • Valid Passport.
  • Employer ID.
  • Voter registration card.
  • Valid Driving license                                                                                          

Physical Address verification either of the following:

  • Introduction letter from ward leader/executive
  • Signed Lease agreement.
  • Utility Bills (DAWASCO or TANESCO or TTCL bills ) under his/her own name
  • Certificate of Occupancy        
  • Government/local authority bill example property tax, land rent receipt.

BENEFITS:

  • Help savings growth
  • Economical
  • Secure deposits
  • Easy to open and guaranteed future income
  • Stress free withdrawal upon maturity
  • Negotiable rates on amounts higher than TZS 50,000,000/=

  CHARGES

  •     None

 

P. O. Box 216 Dar es salaam Tel : +255 22 2110518 Fax : +255 22 211 595 Email : info@maendeleobank.co.tz