High returns on your savings

Open a Short Deposit with us today!

  • Features
  • Eligibility
  • Documentation
  • Fixed Deposit account may be opened with a minimum of Shs.500, 000/-or USD 1,000/- and above. The minimum period for which the deposit is accepted is -30- days and the maximum term is -60- months.
  • If a depositor requires advance facility against his/her/their Fixed Deposit with us, it could be granted either by loan or overdraft as per Credit Policy of the Bank. FDRs should be duly discharged by all the depositors.
  • Tanzanian above 18 years of age.
  • Foreign Individual working in Tanzania with valid documents.
  • Account opening form to be filled +specimen card
  • Two (2) passport size photos.
  • Introducer known to Bank (account holder in our branch)
  • Password original for verification
  • work permit copy
  • Residence permit copy
  • letter from employer
  • On letter head+rubber stamp
  • Name of employee
  • Work and residence permit numbers
  • Passport number/national ID if he is a residence
  • Physical Address proof
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