Want to know the interest rates? See this page for the rate of Interest eligible on savings and term deposit accounts.

Saving Deposits

TZS 2.5%
USD 1.5%

Fixed Deposits

Period TZS USD
3 month 9% 2.25%
6 month 10% 2.5%
12 month 11% 3.5%

USD Deposit Rates Applicable from 22nd June 2017

Minimum Amount – USD 1000 1 Month 3 Months 6 Months 12 Months
1000 – 5000 N/A 2% 2.25% 2.50%
5,001 – 50,000 0.50% 2.50% 2.75% 3.00%
50,001 – 100,000 0.75% 3.00% 3.25% 3.50%
100,001 and above  1.00% 3.25% 3.65%  4.00%

TZS Deposit Rates Applicable from 22nd June 2017

 Minimum Amount – TZS 1Mil 1 Month 3 Months 6 Months 12 Months 24 Months
1,000,000-4,999,999  N/A 5% 6% 8% 9%
5,000,000-99,999,999 To be quoted by Treasury 6% 7% 9% 10.0%
100,000,000-499,999,999 7% 8% 10% 11.0%
500,000,0000 – above To be quoted by Treasury To be quoted by Treasury To be quoted by Treasury To be quoted by Treasury

Recurring Deposit Scheme Rates

Tenor TZS CCY USD CCY
6 Months 9% 2%
Upto 12 Months 11% 3%
Upto 24 Month 12% 3.50%
From 27 Months to 60 Months 13% 4%

Note
  • For deposits in GBP & Euro, please contact the Branch Manager.
  • The rates are subject to change.
  • Minimum amount for fixed deposit is TZS 1,000,000/ USD 1,000.