Maendeleo Junior Account

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PRODUCT FEATURES

  • Designed for children within the age group 0-18 years
  • Access limited to Parents and Guardians only
  • Low minimum account opening balance TZS 10,000/= or USD 10
  • Minimum operating balance of  TZS 10,000/=
  • Four  bankers cheques at no cost each school term
  • No ATM Card but Bank Identification card will be given free
  • Statements -monthly, quarterly
  • Four times withdrawals
  • No Monthly Maintenance  fee
  • Junior Maendeleo account card with photograph of child and parent.
  • Minimum interest earning balance is TZS100,000/=

Account Opening Requirements:

  • Two passport size photographs of parent/Guardian.
  • Two colored passport size photographs of a child.
  • Birth certificate of the child.

Identification document for Guardian 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
  • Certificate of Occupancy
  • Signed Lease agreement.
  • Utility Bills under Guardian/parents Name (DAWASCO or TANESCO or TTCL bills).
  • Government/local authority bill example property tax, land rent receipt.

BENEFITS:

    • Affordable as there is no operating charges
    • Security
    • Savings plan for children needs
    • Returns on savings

 

 

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