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Ndoto Yako Account (Recurring Deposits)
Build up savings on a regular basis and earn higher return on them
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
Are you ready to apply?
Contact us for more details and requirements to open I&M Recurring Deposits Account
Apply in person
Request Call Back
One of our representatives will call you back as soon as possible.
We are available from 9:00 AM to 4:00 PM Weekly.
Apply for a loan
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We are available from 9:00 AM to 4:00 PM Weekly.
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