Fixed Deposits
Enables a customer to enter agreement with Tanzania Commercial Bank as He/she deposits money for the specified period of time at the agreed and high competitive interest rate. Deposit Durations varies from 3 Months, 6 Months, 9 Months, 12 Months and 24 months.
Benefits
- High Interest rate at the time of maturity
- It is secure
- Simple and convenient way to achieve your future goals
Accounts Opening Requirements - Individuals
- Two (2) recent passport size photos
- Employee's ID Card and letter from Employer or Voter's ID Card and introduction letter from Ward Executive Secretary OR
- Introduction from Tanzania Commercial Bank Customer who maintains account at the branch where the proposed Account is to be opened.
- The minimum amount for opening this account is TZS.100, 000/=
Accounts Opening Requirements - Companies and Societies
- Copy of Business Licence
- Copy of Memorandum of Association
- Copy of Minutes of Board Resolution (authorizing FRD opening)
- List of Board Directors
- One (1) passport size photo of each Director/Signatory
