NMB Bonus Account

The NMB bonus account is a product designed to give real savers an additional 'bonus' interest.

What is it ?

The N bonusaccount MB bonus account is NMB's unique savings account for real savers. The account encourages you to save. In addition to a daily interest, this account has an additional attractive quarterly bonus interest. This bonus interest is calculated using the lowest balance in the quarter. In other words: if you maintain or increase your savings account balance, you get an attractive bonus

People tend to leave the money that they need each month on their NMB personal account and but set aside their savings on their NMB bonus account in order to benefit from the higher interest rates. It is an easy way to benefit from an attractive interest.

Benefits

Attractive interest rate
Enables you to save for the future
No ledger fee, low operating costs
Free standing order for monthly transfers from your personal account
You account can be used as collateral for loans
Free monthly bank statement

Features

Minimum opening and interest bearing balance of TZS 50,000

For whom?

The NMB bonus account is a product for individuals, micro entrepreneurs and institutions.

The NMB bonus account generally comes in combination with a Personal Account.

How to buy?

What you need to open a NMB bonus account:

Existing NMB customers do not have to bring anything, as their data is already on file.

If you are a new customer, you are required to bring:

Your identity card
2 passport-sized photographs with a blue background
2 completed reference forms and a letter of introduction from your employer or Local Government Authority such as your VEO / WEO.
Non-Tanzanians are required to bring their passport, work permit and resident permit.
An opening balance of TZS 50,000

Where to buy?

If you are interested in this product, please contact your nearest NMB branch. You can use the branch finder on this website to find the one closest to you