Exim Bank
  • comoros
  • djibouti
  • uganda

NyotaAccount

NyotaJunior Saving Plans

Children are the future of our world. And securing their future is the best gift. Nyota Junior Savings Plan is a tailor-made investment designed to give your child the brighter tomorrow you dream of.

Nyota Junior Saving Plans

With this thoughtfully created account, parents can meet financial constraints such as rising costs of education and other basic necessities through a savings plan that helps them invest wisely at very competitive rates of interest.

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 interest of 5%, 6%, 7% and 2%, 3%, 4% respectively
  • End-of-term benefits: Healthy accumulated sum with interest
  • Gifts: These deposit units can be gifted to relatives of the child
  • Age criteria: 18 years and under