Short Term Deposit
What is it?
The short term deposit is a unique custom-made product for companies that have a short-term excess liquidity of more than 100 million TZS.
Companies can contact the NMB Treasury Department to get real-time rates for any duration of up to 30 days.
Just call the NMB Treasury department before expiry if you wish to roll over the loan.
For whom?
The short term deposit is ideal for a broad range of customers: SME's, corporates, the government, MFI's and Saccos.
Any company that has a short term excess liquidity may want to benefit from the interest rates of short term deposits.
How to buy?
Just call the NMB Treasury at NMB Head Office and ask for the short-term deposit rates for your tenure and available amount.
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.