Instill a savings culture in your little one. With great features such as free fund transfers and no monthly charges, the Cub Account promises a secure future for your child.
Benefits
No monthly charges
Enjoy zero monthly charges on your savings account.
Shariah compliant
This product complies with the principles of Shariah.
Free withdrawal
Account charges nothing for over-the-counter withdrawal.
Available in multiple currencies
Open a cub account in Tanzanian Shillings or US Dollars.
What We Need From You*
- 1 quality coloured passport size photo of parent/guardian.
- 1 quality coloured passport size photo of child.
- Original and copy of parent’s National ID.
- Child’s birth certificate/notification of birth.
- Parent/guardian’s residence certificate/driving license.
- Minimum opening balance – TZS 10,000.
Rates & Fees*
- Minimum opening balance – TSh 10,000.
- Over the counter withdrawal is free.
- Monthly charges – Free.
