Opening and saving per month TZS. 50,000 and above
Min. Interest earning balance TZS. 100,000
Customers to deposit more than once per month
Borrow against our own fund, emergency loan- We maintain 80% of credit balance. The application of the credit facility will be like loans against FDR except that application letter and all other relevant documents will be signed / applied jointly. i.e all account holders will be required to sign every document.
Life Insurance Facility 1% of loan amount.
Minimum saving plan period- 6, 9, 12 to 24 months.
Contractual saving with no withdrawal up to maturity period.
Maturing WAHI should not be closed if a customer decides to proceed with another saving plan.
Grow savings step by step
You get loan facility
Attractive Interest rate up to 9% depending on the savings plan calculated on monthly bases or compounding factors.
Original and copy of personal Identification- copy of ID-voters, passport, driving license, National to each signatory
Funds to be invested
Two quality colour Passport size
Introduction letter from local leaders, employer or advocate for each signatory
Signatory: All account holders