Select Country
What are you looking for?
Interest Rates
Learn more about our interest rates
Fixed Deposit Interest Rates
| Term | 3 months | 6 Month | 12 Months | 15 Months | 18 Months | 2 Years | 5 Years | ≥ 5 years to <8 years | Up to 10 years |
|---|---|---|---|---|---|---|---|---|---|
| Minimum Amount - TZS 1M | >= 90 days | 182 days | 365 days | 450 days | 540 days | 730 days | 1800 days | 2920 days | 4380 days |
| ≥1M to 5M | 2.50% | 3.00% | 4.00% | 4.25% | 4.50% | 5.00% | 5.50% | 6.00% | 8.00% |
| ≥5M to < 100M | 3.00% | 4.00% | 5.00% | 5.25% | 5.50% | 6.00% | 6.50% | 7.00% | 9.00% |
| ≥100M to < 500M | 4.00 | 5.00% | 6.00% | 6.25 | 6.50% | 6.75% | 7.00% | 8.00% | 10.00% |
| ≥500M and above | 4.50% | 5.50% | 6.50% | 6.75% | 7.00% | 7.50% | 8.00% | 9.00% | 11.00% |
| Term | 3 months | 6 Month | 12 Months | 15 Months | 18 Months | 2 Years | Up to 5 Years |
|---|---|---|---|---|---|---|---|
| Minimum Amount -USD 1,000 | >= 90 days | 182 days | 365 days | 450 days | 540 days | 730 days | Up to 1800 days |
| ≥1 to < 5,000 | 1.50% | 1.75% | 2.00 | 2.15% | 2.25% | 2.35% | 2.50% |
| ≥5,000 to < 50,000 | 2.00% | 2.25% | 2.50% | 2.65% | 2.65% | 2.85% | 3.00% |
| ≥50,000Cto < 100,000 | 2.50 | 2.75% | 3.00% | 3.15% | 3.15% | 3.35% | 3.50% |
| ≥100,000 and above | 2.75% | 3.15% | 3.50% | 3.65% | 3.65% | 3.85% | 4.00% |
Ndoto Yako Account (Recuring Deposits)- Minimum Amount TZS 50,000
| Tenor | USD CCY | TZS CCY |
|---|---|---|
| 6 Months | 1.50% | 3.50% |
| ≤ 12 Months | 2.50% | 6.50% |
| ≤ 24 Months | 3.00% | 7.50% |
| ≥ 27 Months to 60 Months | 3.50% | 8.50% |
| Tenor | USD CCY | TZS CCY |
|---|---|---|
| ≤ 1 Year (12 Months) | 3.00% | 7.00% |
| 2 Years (24 Months) | 3.50% | 8.25% |
| < 5 Years (59 Months) | 4.00% | 8.50% |
| ≥ 5 Year and < 8 Years (96 Months) | N/A | 9.00% |
| Up to 10 Years (120 months) | N/A | 11.00% |
Young Savers Interest Rate
| Type | Rate/Details |
|---|---|
| Interest Rate | 2% |
| Additional Interest | If you carry out less than 6 withdrawals within one calendar year you earn 50% additional interest payable at the end of the calendar year (calculated on average yearly balance) |
| Bonus Interest | If no withdrawals within one calendar year; additional bonus interest of 1% p.a at the end of the calendar year (calculated on average yearly balance) |
| Interest Payment | Payable on the minimum monthly balance (accrued monthly and paid quarterly) |