Maendeleo Wekeza Account

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PRODUCT FEATURES

  • Low minimum account opening of  TZS 50,000/= or USD 50
  • Minimum operating balance of TZS 50,000/=
  • No account maintenance charges
  • No ATM Card but Bank Identification card will be given free
  • 4 withdrawals per annum
  • Good Interest on monthly minimum balance applied monthly
  • One Month interest penalty for extra withdrawal (s) in any quarter
  • Statements -monthly, quarterly
  • Minimum interest earning balance is TZS. 100,000/=
  • Automatic three months FDR renewable multiple of 1M
  • Interest Rate 2% above the prevailing market rate (Maendeleo FDR market rate).

Account Opening Requirements:

  • Two passport size photographs.
     

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

BENEFITS:

    • Help savings growth for future use
    • Secure deposits
    • Easy to open
    • Guaranteed future income
    • Can be used as lien

 

 

 

 

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