A simple account that offers free banking on digital channels and a free Absa Visa Debit Card

Free monthly internet banking access

Free ATM deposit  fee

Free debit card for the first issuance

Free mobile banking access

Requirements

Minimum monthly income TZS250,000

Opening balance: TZS20,000

Operating balance: TZS20,000

Product available only in TZS (Tanzanian shillings)

Credit interest is not applicable

  • Fees

    • Bundled maintenance fee is TZS12,000
    • Chequebook fee  is TZS700 per leaf
    ATM withdrawal fee
    • TZS100,000 (minimum) is TZS1,500
    • TZS100,001 - TZS200,000: TZS1,700
    • TZS200,001 - TZS400,000: TZS2,000
    • TZS400,001 - TZS600,000: TZS2,500
    Counter withdrawal fee
    • Minimum - TZS5,000,000:  TZS5,000
    • 5,000,001  - 10,000,000: TZS7,500
    • 10,000,001 - 20,000,000: TZS10,000
    • Above 20m: 0.15% maximum TZS150,000

  • Documents required to apply

    • Valid identity card (driving licence, national ID, passport or voter's ID)
    • Introduction letter from employer, from local government or from lawyer
    • Residential address letter from local government or utility bill receipt
    • Completed account opening application form

Open your account now




Need more help?

Call us:
0800750078 (Toll free)
+255 (0)746 882 000 (Network charges apply)

Email us:

talktous@absa.co.tz