• INTERNET BANKING
  • FORMS AND GUIDES
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Savings Account

Overview

Save for your growth and future needs

This savings account gives you the opportunity to grow your savings through your savings habits. You will access your account through different channels and thus self-service 24/7.

With a savings account at CRDB bank, you can make savings that will support your current or future needs while enjoying our affordable banking services.

Savings Account can now be applied throughSimBanking App.

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6 great features of our Savings Account

  • Account can be opened and operated in TZS/USD/EURO/GBP

  • Initial opening amount is TZS 20,000 or USD/EURO/GBP 100

  • It earns interest on deposits

  • Eligible for TemboCard Visa /MasterCard, SimBanking and Internet Banking

  • It’s subject to monthly and transactional charges 

  • Joint operation is allowed


5 great reasons to open a Savings Account

  • Security of funds 

  • Convenience of accessing your account 24/7 through ATMs, SimBanking, Internet Banking & CRDB Wakala 

  • Earn interest as an incentive to saving 

  • Free KAVA Assurance benefits (for self and spouse): Life insurance TZS 2 Mil and Accidental Total Permanent Disability (Account Holder) TZS 2 Mil

  • TemboCard Visa/ MasterCard/ Union pay for transacting on ATMs worldwide and shopping through POS, scanning QR codes or shopping online


To open an account:

  • A customer has to be 18 years and above

  • A customer has to provide 2 passport size photographs (For customer with no NIDA ID/Number)

  • A valid ID (NIDA ID/Number, Voters ID, Passport, Driver’s licence, Zanzibar ID)


FAQs

Yes, a customer needs to bring a minimum of TZS 20,000/= or USD/GBP/EUR 100. However, customers can deposit more than the initial opening balance during account opening.

Yes, Normal Savings customer is eligible for chequebook facility

Customers can withdrawal through CRDB Branches over the counter.

Yes, Normal Savings Account does have operational fees (monthly fees, or withdrawal fees etc.)

Yes, Normal Savings customers can request CRDB loan products.

Yes, Normal Savings customers can request a statement, showing account activities, the cost of which will be as per the approved CRDB Tariff guide.

Yes, Normal Savings customers can set up standing instruction free.

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