Interest Rates

Learn more about our interest rates

Fixed Deposit Interest Rates

Term 3 months6 Month12 Months15 Months 18 Months2 Years5 Years ≥ 5 years to <8 yearsUp to 10 years
Minimum Amount - TZS 1M>= 90 days182 days365 days450 days540 days730 days1800 days2920 days4380 days
≥1M to 5M2.50%3.00%4.00%4.25%4.50%5.00% 5.50%6.00%8.00%
≥5M to < 100M3.00%4.00%5.00%5.25%5.50%6.00%6.50%7.00%9.00%
≥100M to < 500M3.005.00%6.00%6.256.50%6.75%7.00%8.00%10.00%
≥500M and above4.50%5.50%6.50%6.75%7.00%7.50%8.00%9.00%11.00%

Term 3 months6 Month12 Months15 Months 18 Months2 YearsUp to 5 Years
Minimum Amount -USD 1,000>= 90 days182 days365 days450 days540 days730 daysUp to 1800 days
≥1 to < 5,0001.50%1.75%2.002.15%2.25%2.35%2.50%
≥5,000 to < 50,0002.00%2.25%2.50%2.65%2.65%2.85%3.00%
≥50,000Cto < 100,0002.502.75%3.00%3.15%3.15%3.35%3.50%
≥100,000 and above2.75%3.15%3.50%3.65%3.65%3.85%4.00%

Ndoto Yako Account (Recuring Deposits)- Minimum Amount TZS 50,000

TenorUSD CCYTZS CCY
6 Months1.50%3.50%
≤ 12 Months2.50%6.50%
≤ 24 Months3.00%7.50%
≥ 27 Months to 60 Months3.50%8.50%

Young Savers Interest Rate

TypeRate/Details
Interest Rate2%
Additional InterestIf 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 InterestIf 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 PaymentPayable on the minimum monthly balance (accrued monthly and paid quarterly)