Savings Account

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Simba Savings Account

Open a Simba Savings Account and multiply your hard-earned money with an attractive interest rate of up to 7% p.a on your savings. Deposits are free and one withdrawal allowed per month allows you to keep saving.



What we need from you

  • Original and copy of National ID/Passport
  • Two colored passport size photos
  • Two introducers/referees or Letter of introduction from employer
  • Funds to be deposited

Rates and Fees

  • Minimum opening balance – TSh 50,000
  • Minimum operating balance – TSh 50,000
  • Maintenance fee – Zero
  • Interest rate – 7% per annum

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