This is an account meant specifically for your child's savings. The Account is opened on behalf of a child, but legally belongs to and is operated by the parent/guardian. The Account provides an attractive interest over the average annual savings amount, which will make your savings grow even faster.

KEY FEATURES

• Available in TZS, USD, GBP and EUR
• Savings account for youths between 1day – 17 years old
• Interest bearing amount of as low as TZS 1.00
• Free NMB Identity card
• Allows Deposits & withdrawals
• Competitive interest rates to be paid annually
• Free Standing Orders/Instructions from other NMB accounts
• Access to value added services such as balance enquiry, fund transfer and prepaid service through NMB Mkononi.
• SMS alerts for debit and credit transactions
• Free Standing Order/Instruction from other NMB account.

Key Charges Attracted by this Account

• No Monthly account maintenance fee
• Transactional charges as per NMB Tariff Guide