TheDetails

Feb 6, 2019

RATE OF INTEREST ON TERM DEPOSITS w.e.f. 01.01.21 (In Local Currency TZS)

Period/Tenor of Deposit Upto 50 Mio 50 Mio to 100 Mio Above 100 Mio
30 days to 90 days 3.50% 4.50% 5.50%
91 days to 180 days 4.50% 5.50% 6.50%
181 days to 364 days 5.50% 7.00% 7.50%
Above 1 Year 8.00% 8.25% 8.50%

(In Foreign Currency USD)

Period/Tenor of Deposit Upto  50,000 50,000 to 100,000 Above 100,000
30 days to 90 days 1.50% 2.25% 2.50%
91 days to 180 days 2.00% 2.75% 3.25%
181 days to 364 days 2.50% 3.00% 3.50%
Above 1 Year 3.00% 3.50% 4.00%