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Nyota Junior Saving Plan

Nyota Junior Saving Plan

We want the best for our kids, it’s only right that we give them the security to be the best versions of themselves as they grow up. Nyota Junior Savings Plans are designed with your kid’s future in mind.

Nyota Junior Saving Plan

Features & Benefits

  • Monthly saving: Invest /deposit a fixed, small amount* every month in the name of your child *(Minimum balance – TSH 10,000)
  • Specific term: Make deposits for a period of 3 / 5 / 7 years in both TSH and USD, and earn competitive interest
  • End-of-term benefits: Healthy accumulated sum with interest
  •  Age criteria: 18 years and below

Requirements

  • Birth Certificate of the child
  • 3 passport size photographs of the child
  • Parent or guardian requirements same as Faida Savings Account
To know more, get in touch!