NMB Mtoto Akaunti is an account meant specifically for your child's savings. The account is opened on behalf of a child, but legally belongs to and is operated by the parent/guardian. The account provides an attractive interest over the average annual savings amount, which will make your savings grow even faster.

Benefits of NMB Mtoto Akaunti

  • Attractive and competitive interest reward
  • Earn interest for any available credit balance in the account
  • Opened in the names of the minor’s but operated by the registered parent/guardian
  • Interest accrued on daily basis and payable on annual basis
  • It builds and shapes the sense or motive of saving culture to the child
  • Get access to over 215 branches countrywide and over 6000 NMB Wakala Agents
  • Customer money are safe secured
  • Eligible for free NMB Identity card
  • No monthly maintenance fee
  • Free cash and on us cheque deposit

What you need to have NMB Mtoto Akaunti

  • Applicant should be below 18 years of age
  • Legally Accepted Identity Card of the Parent or Guardian
  • Legally Accepted Introduction letter of the parent/Guardian.
  • Travelling  Passport  or  Birth  certificate  or  affidavit  of  the minor
  • 2  recent  passport  photos  with  blue  background for  both minor and a parent /guardian.
  • A minimum of TZS 10,000/=, USD 5, EURO 5 or GBP 5 for opening an account.

Key Charges Attracted by this Account

  • Other transactional charges as per NMB Tariff Guide

Available Currency Options

  • TZS, USD, EURO and GBP

Please visit or contact your nearest NMB branch or you can use our toll free number – 0800 002 002.