Tanzania Postal Bank : Fixed Deposit Account Opening Procedure
Name of the Organization : Tanzania Postal Bank Ltd
Type of Facility : Fixed Deposit Account Opening Procedure
Country : Tanzania
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Website : http://www.postalbank.co.tz/index.php/en/products/fixed-deposits
Fixed Deposit Account Opening Procedure :
Fixed deposit account enables you to enter agreement with us as you deposit your money for the specified period of time at the agreed and high competitive interest rate.
Related : Tanzania Postal Bank Quick & Minor Accounts Opening Procedure : www.statusin.org/6293.html
Deposit Durations vary from 3 Months, 6 Months, 9 Months, 12 Months and 24 months
Benefits:
** High Interest rate at the time of maturity
** It is secure
** Simple and convenient way to achieve your future goals
Requirements – Individuals:
** Two (2) recent passport size photos
** Employee’s ID Card and letter from Employer or Voter’s ID Card and introduction letter from Ward Executive Secretary OR
** Introduction from TPB Customer who maintains account at the branch where the proposed Account is to be opened.
** The minimum amount for opening this account is TZS.100, 000/=
Requirements – Companies and Societies:
** Copy of Business Licence
** Copy of Memorandum of Association
** Copy of Minutes of Board Resolution (authorizing FRD opening)
** List of Board Directors
** One (1) passport size photo of each Director/Signatory
Attractive Rates of Interest are offered and for huge amount of Deposit the rates are negotiable. Customers/Depositors can liaise with our Treasury Dept.
FAQs :
How long does it take to open an account with TPB?
TPB has different type of accounts each account has its own requirements. However, in general TPB account takes less than 2days to open your account in any branch in Tanzania.
What is the TPB Swift Code?
Our Swift Code is TAPBTZTZ
What are the requirements for opening an account with TPB?
Identification Letter and for Employees is Introduction Letter, Initial Opening Deposit (this depend on the account you open) and Recent Passport Size Photos
What can I access from TRA Tax Collection from TPB?
You may access the following in any TPB branches countrywide; New Driving License Fee, Income Tax, Development Lavy, Property Tax and Custom Taxes.
Which credit facilities do TPB offer?
TPB offers Business Loans, Consumer Loan, Micro Credit, Bank Guarantee, Personal Loans and Loans Against Lien.
What is TPB Popote?
Is the mobile banking service which enables you to know and get various information about your account anywhere, anytime through your mobile phone
How do I access TPB Popote?
Dial *150*21# and then follow instructions.
What is the duration for a Fixed Deposit Account?
Deposits durations vary from 3months, 6months, 9months, 12months and 24months.
What are the benefits of opening a Fixed Account at TPB?
High interest rate at the time of maturity, it is secure, simple and convenient way yo achieve your future goals.
About Us :
Tanganyika Postal Office Savings Bank (now Tanzania Postal Bank (TPB)) came into being in 1925 when Tanganyika was under British Rule. It later became a Savings Bank under the then East African Post and Telecommunications which ceased to operate after the collapse of the East African Community.