Busara Account
Overview
For shareholders
This is a savings account designed specifically to provide shareholders with an opportunity to grow their deposits. These are shareholders in companies that are registered by the Dar-es-Salaam Stock Exchange (DSE) and receive dividends.
For shareholders
This is a savings account designed specifically to provide shareholders with an opportunity to grow their deposits. These are shareholders in companies that are registered by the Dar-es-Salaam Stock Exchange (DSE) and receive dividends.
6 great features of our Busara Account
- The account can be opened and operated in TZS only
- Minimum opening balance is TZS 20,000
- It earns interest on deposits
- Eligible to TemboCard VISA,/MasterCard, SimBanking, and Internet Banking
- No monthly maintenance fees or transactional charges with the exception of alternative channels
- No Joint account operation
5 great reasons to open a Busara Account
- Designed to conveniently receive dividends
- Convenience of accessing the account in across all channels 24/7
- Assured fund security
- Earn interest on deposits
- No withdrawal charges except on alternative channels.
To open an account, you must…
- Be a customer aged 18 years and above
- Have two passport size photographs (For a customer with no NIDA ID/Number)
- Have a valid ID (NIDA ID, Voters ID, Passport, Driver’s licence, Zanzibar ID)
FAQs
No, Busara Account has no withdrawal charges except on alternative channels (eg. Wakala/ATM, etc.) as per approved Bank Tariff
Yes, the customer will receive a debit card, upon request.
Yes, the account is eligible for free SimBanking registration
No .
Yes, the Busara account offers Credit interest that is subject to review from time to time.
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