NMB Current Account Group is the account made to enable saving and transaction of informal groups (unregistered personal groups). This account provides the group with cheque book option to facilitate funds control and their daily transactions. 

Benefits of NMB Current Account Group

  • Customer is eligible for cheque book
  • Get access to over 195 branches countrywide
  • Get access to secured Internet Banking
  • Customer money is safe and secured
  • Enjoy reasonable and yet affordable bank charges
  • Enjoy unlimited transaction from your account
  • Free cash and on us cheque deposit
  • Offers interest of 1% per annum accrued daily paid yearly for amounts above TZS 5,000,000*

What you need to open NMB Current Account Group

  • Applicant should be individual informal group
  • Group Constitution & resolution passed to open the Account
  • A letter to direct branch manager to open the account
  • 2 recent  passport photos with blue background for signatories
  • Names of all informal group members
  • A minimum of TZS 30,000/= as an opening balance

Key Charges Attracted by this Account

  • Monthly Maintenance Fee
  • Dormant Account fee after twelve month of inactiveness
  • Other transactional charges as per NMB Tariff Guide

Available Currency Options

  • TZS only 

For more assistance, please visit your nearest NMB branch or call our toll free number – 0800 002 002.

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