Al - Barakah Fahari Kilimo Account

Overview

An account specifically designed to support individual farmers on saving and transactions.

 Underlying Contract is Qardh.

 Minimum account operating balance of TZS 3,000

 Waiver of account opening balances

 Customer can withdraw up to TZS 1,000,000 per day via POS/ATM

 The account shall be dormant if not operated in 12 months consecutively. However, no penalty shall apply upon reactivation

 Shariah Compliant i.e. funds are not channeled into impermissible activities.

 Eligible for Tembo card, SimBanking or Internet Banking

 Customer must be 18 years and above

 Any Legal ID (NIDA ID or Number/Voter ID/Passport/Driving License)

 Low risk individual customers and customers using NIDA ID are not supposed to provide introduction letter from VEO/WEO

 When opening accounts through Savvy Flow, customer should provide 2 Passport size photos

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