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Looking after your money is vital to everyday life. So, it helps to know there are convenient ways to do exactly that. We make everyday banking as stress-free as possible, with flexible means to manage your expenses and simple ways to save

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Nyota Junior Account OVERVIEW

We Redefine The Banking Experience.

Introducing the Nyota Junior Account, a tailor-made investment designed to secure your child's future and give them the brighter tomorrow you have always dreamed of.

Nyota Junior Account

Nyota Junior Account

With the Nyota Junior Savings Plan, you can invest a fixed, small amount every month in the name of your child, with a minimum balance of TSH 10,000. This account allows you to make deposits for a period of one year in both TSH and USD, earning competitive interest rates.

Features & Benefits

  • 1
    Monthly saving: Invest /deposit a fixed, small amount* every month in the name of your child *(Minimum balance - TSH 10,000)
  • 2
    Specific term: Make deposits for a period of 1 year in both TSH and USD and earn competitive interest
  • 3
    End-of-term benefits: Healthy accumulated sum with interest
  • 4
    Gifts: These deposits units can be gifted to child relatives

Requirements

  • 1
    Birth Certificate of the child
  • 2
    3 passport size photographs of the child
  • 3
    Parent or guardian requirements same as Faida Savings Account
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Fill This Form If You Wish To Open An Account:

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