A savings account operated by the parent/guardian on behalf of a child, with attractive annual interest.
Features & Benefits
- Interest up to 3.5% p.a., accrued daily and paid annually.
- The account legally belongs to the child but is operated by the registered parent/guardian.
- Transactions over the counter only.
- Free cash and on-us cheque deposits.
Fees & Requirements
- Minimum opening balance: TZS 7,000 / USD 5 / EUR 5 / GBP 5.
- No monthly maintenance fee.
- KYC as per prevailing Account Opening Checklist.
- Available in TZS, USD, EUR, GBP.
- Charges: As per NMB Tariff Guide
Please visit or contact your nearest NMB branch, or call us on our toll-free number – 0800 002 002.
