Features

• 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.

Benefits

• 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.

Requirements

• 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