This account provides a convenient and flexible medium for making and receiving payments thus enhancing personal and business transactions.
Is the savings accounts is designed specifically designed for students basing on their income and personal transactions. Achievers account is affordable, convenient and provides a safety way of receiving Higher Education Student Loans and funds from parents or guardians.
Benefits of MB savings Account;
Affordable opening balance
Preferential interest rates
Simplified account opening procedures
Account can be opened and operated in TZS GBP and EURO only
Unlimited withdrawals in a day
Enjoy SMS alert on every deposit/withdrawal
No prior information on withdrawals
Eligible to be linked with MB ATM card
Enjoy cash withdraw on Umoja switch ATMs up to TZS 1,000,000/= a day
Eligible to be linked with MB Mobile
Requirements to open achievers account;
Applicant should be aged 18 years and above
Legally Accepted Student Identity Card
Student Admission Letter or Introduction Letter
1 recent passport photos with blue background
Opening balance of TZS 5,000/=
A savings account opened to facilitate salary payment by a customer whose employer is a corporate or institutional client of Maendeleo Bank.
Key Features:
On recruitment, it can be opened by little or Zero balance
Minimum operating balance
Subjected to monthly and transaction fees.
Earn interest on deposits
Eligible for Maendeleo ATM card
Eligible for MB Banking services
Non joint account
Key Benefits:
Easy process for opening the account
It facilitates timely salary processing/payment
High benefits as it earns interest
Easy access of fund 24/7 days using Maendeleo ATM card
Opening Requirements:
Must be a salaried employee of any recognized and registered company, institution or organization
Employee’s identity card
Letter of introduction from employer
Two passport size photograph (2’x2′)
With the MB savings account you can conveniently manage your transactions for your income while at the same time enjoying unmatched benefits and competitive interest.
Benefits of MB savings Account;
Affordable opening balance
Preferential interest rates
Simplified account opening procedures
Account can be opened and operated in TZS GBP and UERO only
Unlimited withdrawals in a day
No prior information on withdrawals
Eligible to be linked with MB ATM card
Enjoy cash withdraw on Umoja switch ATMs up to TZS 1,000,000/= a day
Eligible to be linked with MB Mobile
Opening requirements MB savings Account;
Identification Documents (Voter ID or Driving license or National ID or Passport.)
Passport size photograph
Opening amount.
This is a saving account to assist to set monthly savings plan and stick and follow it. This is more customized to pick a monthly saving plan and follow footprint towards achieving the goal. For example you have committed to offer 1,200,000 this account can assist you do a monthly savings of 100,000 to attain your goal.
Benefit of Ahadi account;
Low opening balance of 10,000 TZS
No withdrawals are allowed in the year
No monthly charges
Premium Interest rate
Not eligible to be linked with MB ATM card
Not eligible to be linked with MB Mobile
For those who wish to grow their savings into something more rewarding, Wekeza account is there to assist you in this journey. Be it saving for a plot of land, a new car or your house, fulfill your savings goals with ease.
Benefit of Wekeza account;
Low opening balance of 20,000 TZS
Withdrawals are restricted to 4 times per annum
On premature withdraw will forego 50% of accrued interest
No monthly charges
Premium Interest rate
Not eligible to be linked with MB ATM card
Not eligible to be linked with MB Mobile
Key features of Wekeza Account;
Affordable opening balance and start chasing your goals
Preferential interest rates
No operation fees
Is saving account specifically designed for high profile people and who are willing to pay extra to have special attention.
Key Features;
Account can be opened and operated in TZS, USD, GBP and EURO
Unlimited withdrawals in a day
Enjoy SMS alert on every deposit/withdrawal
No prior information on withdrawals
Monthly withdraw charge
Eligible to be linked with MB ATM card
Eligible to be linked with MB Mobile
Enjoy cash withdraw on Umoja switch ATMs up to TZS 1,000,000/= a day
Overdraft facility for those who meet loan conditions.
Requirements;
Identification Documents (Voter ID or Driving license or Passport.)
Letter of introduction from the ward executive
Passport size photographs
Opening amount
It is a time deposit with fixed terms where a certain amount of money is kept in the account for predetermined fixed time (Investment duration ranges from 3 or 6 or 9 or 12 months) and competitive interest rate is given
Key Benefits: