Ndoto Yako Account (Recurring Deposits)

Build up savings on a regular basis and earn higher return on them

I&M Bank Tanzania - Ndoto Yako Account (Recurring Deposits)

Ndoto Yako Account (Recurring Deposits)

Build up savings on a regular basis and earn higher return on theme. Invest as much as you can afford every month for a pre-determined period and earn interest as high as of a fixed deposit.

Account Features

  • Minimum Monthly Instalment

    TZS 50,000 or USD/GBP/EUR 50

  • Can be maintained in

    TZS & USD

  • Deposit Period

    Minimum 6 months and Maximum of 60 Months (in multiples of 3 months)

  • Maturity notification

    Online free delivery of maturity notification to your registered email

  • Interest rates

    Attractive returns with complete security and competitive interest rates.

  • Loan

    Access to personal loans and overdrafts equivalent to 90% of the balance in the Fixed Deposit Account

Benefits

Availability of loan against deposits

Attractive returns with complete security and competitive interest rates.

Access to personal loans and overdrafts equivalent to 90% of the balance in the Fixed Deposit Account.

Free registration for iClick services (Mobile and Internet Banking) and Rafiki ChatBanking

Easy funding through standing instruction

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Contact us for more details and requirements to open I&M Recurring Deposits Account

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