Fixed Deposit Account enables a customer to enter agreement with TPB 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 TPB 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

Attractive Rates of Interest are offered and for huge amount of Deposit the rates are negotiable. Customers/Depositors can liaise with our Treasury Dept.