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Back to Savings Account

Open a Simba Savings Account and multiply your hard-earned money with an attractive interest rate of up to 7% p.a on your savings. Deposits are free and one withdrawal allowed per month allows you to keep saving.

Benefits

Competitive interest rates

Enjoy competitive interest rates on your savings of up to 7%.

Zero maintenance charges

No account maintenance charges are imposed on this account.

Limited withdrawals

Withdrawals limited to 4 times a year to help you save your money.

Unlimited deposits

There are no limits to the number of deposits you can make into the account.

What We Need From You*

  • Original and copy of National ID/Passport.
  • Two colored passport size photos.
  • Two introducers/referees or Letter of introduction from employer.
  • Funds to be deposited.

Rates & Fees*

  • Minimum opening balance – TSh 50,000.
  • Minimum operating balance – TSh 50,000.
  • Maintenance fee – Zero.
  • Interest rate – 7% per annum.

Interested in Simba Savings Account or have a question?

I am an existing KCB Bank customer

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