Exim Bank
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Haba na haba

Haba Na Haba

With Haba Na Haba, saving for the future becomes a good habit. Build up your savings by investing smaller amounts with tenures that suit your need.

Haba Na Haba Options

Haba Na Haba

For those who would like to make saving a regular habit, we present Haba Na Haba. Designed as a recurring deposit account, Haba Na Haba provides wholesome benefits to savers across flexible tenures that best suit your needs. You can authorise a direct debit from your saving/salary account for a fixed period ranging from 12 months to 120 months.

Eligibility

  • Individuals, salaried and business people
  • People who keep the salary/savings money in their salary/personal account
  • Minimum opening balance of TSH 20000/USD 100 for individuals and TSH 1 million / USD 1000 for corporate customers

Features & Benefits

  • Encourages regular savings habit
  • Additional attractive interest and loan option
  • No ledger fee or operating costs
  • Free standing / authorising instructions for monthly debit from your account
  • Account can be used as collateral for raising loans
  • Free monthly bank statement

Requirements

  • Open a Haba na Haba account and a savings/salary account (for new customers)
  • Application form duly filled and signed
  • Residence and identity proof
  • Two passport sized photos with blue background

Watch your Money Grow

No. TENURE (MONTHS) MONTHLY AMOUNT MATURITY VALUE
1 12 25,000.00 320,026.86
2 24 25,000.00 680,219.90
3 36 25,000.00 1,085,620.35
4 60 25,000.00 2,055,451.27
4 120 25,000.00 5,767,824.91
1 12 50,000.00 640,053.71
2 24 50,000.00 1,360,439.80
3 36 50,000.00 2,171,240.69
4 60 50,000.00 4,110,902.55
5 120 50,000.00 11,535,649.83
1 12 100,000.00 1,280,107.42
2 24 100,000.00 2,720,879.60
3 36 100,000.00 4,342,481.38
4 60 100,000.00 8,221,805.10
4 120 100,000.00 23,071,299.66
1 12 1,000,000.00 12,801,074.21
2 24 1,000,000.00 27,208,796.02
3 36 1,000,000.00 43,424,813.84
4 60 1,000,000.00 82,218,050.98
4 120 1,000,000.00 230,712,996.55
To know more, get in touch!