Do more, together

We’re here to provide you with the necessary security and convenience in collecting and managing your funds from formal and informal groups such as VICOBA, family groups and groups on social networks. With just TSH 20000, start your account today!

6 great features of our Niamoja Account

  • Can be opened and operated in TZS Only

  • Initial Opening Balance - TZS 20,000  

  • No minimum Operating Balance

  • Earns Interest on deposits

  • No transaction fees  or Monthly Fee 

  • Minimum number of group members is 2, with no maximum 

6 great reasons to open a Niamoja Account

  • No Monthly maintenance fees  

  • No withdrawal charges  

  • Real time collections (Group) and payments (Members) via SimBanking, agents, branched, SimAccount and MNOs

  • Open to registered and non-registered groups

  • Eligible to request for cheque 

  • Earns interest on deposited funds

To open an account:

  • Group meeting minutes authorizing the opening and operating directives of the account

  • Introductory letter from the Council or local government (for unregistered/informal groups) OR the Certificate of registration (for registered /formal groups)

  • Group Constitution

  • The signatories must present a valid form of identification i.e. National Identity (NIDA), Zanzibar identification card, Voter's ID, Passport and Driver’s license

  • 2 Passport size photos for each signatory

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