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Ambition Savings Plan

is  bundled offering that contains a traditional savings account backed by a Current Account. It allows customers to accumulate progressive savings depending on their financial capacity.

Features

  • The savings plan must always be backed by a current account with Letter of Undertaking Account opening is free
  • Savings must be made within 12 payments from the current account
  • The customer chooses the amount of his standing order according to his project and his income (TZS 50,000 minimum)
  • Savings Plan cannot be terminated before complete loan repayment
  • After complete repayment, the customer can change the amount of his standing order
  • The employee has to maintain his/her salary account at BANK OF AFRICA – TANZANIA
  • Access to B-Mobile service