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 215 branches countrywide and over 6000 NMB Wakala Agents
- 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.
- 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
- TZS, USD, EURO and GBP
Please visit or contact your nearest NMB branch or you can use our toll free number – 0800 002 002.
