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Short Deposits
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Features
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Eligibility
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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