NMB Mtoto Akaunti is an account meant specifically for your child's savings. The account is opened on behalf of a child, but legally belongs to and is operated by the parent/guardian. The account provides an attractive interest over the average annual savings amount, which will make your savings grow even faster.

Benefits of NMB Mtoto Akaunti

  • Attractive and competitive interest reward
  • Earn interest for any available credit balance in the account
  • Opened in the names of the minor’s but operated by the registered parent/guardian
  • Interest accrued on daily basis and payable on annual basis
  • It builds and shapes the sense or motive of saving culture to the child
  • Get access to over 200 branches countrywide
  • Customer money are safe secured
  • Eligible for free NMB Identity card
  • No monthly maintenance fee
  • Free cash and on us cheque deposit

What you need to have NMB Mtoto Akaunti

  • Applicant should be below 18 years of age
  • Legally Accepted Identity Card of the Parent or Guardian
  • Legally Accepted Introduction letter of the parent/Guardian.
  • Travelling  Passport  or  Birth  certificate  or  affidavit  of  the minor
  • 2  recent  passport  photos  with  blue  background for  both minor and a parent /guardian.
  • A minimum of TZS 10,000/=, USD 5, EURO 5 or GBP 5 for opening an account.

Key Charges Attracted by this Account

Other transactional charges as per NMB Tariff Guide

Available Currency Options


Please visit or contact your nearest NMB branch or you can use our toll free number – 0800 002 002.