Special features for a special you!
Exclusively for our premium users
Interest Rates & Charges
Terms & Conditions
- No folio charges
- No TISS charges
- No Charges for Internet Banking
- No processing fee for car loan
- Free SMS alert facility
- No charges for foreign currency withdraw up to 2000/- USD
- No charges withdrawal up to 25Mn for TZS account
- No charges for monthly statements
- No monthly charges
- The minimum opening balance for this account is Tshs. 25 Mn for TZS account, USD 20,000/- for USD account.
- Any company registered and licenced to carry out business activities in Tanzania.
- Account opening form to be filled +specimen card.
- Two (2) passport size photos of each signatory.
- Passport copies for all signatories. (If expatriates then work permit and residence permit copy is required).
- NIDA card copies for all the signatories.
- TIN certificate copy. (For both company and signatories).
- Physical Address proof. (For both company and signatories).
- Tax clearance certificate.
- Business licence (VALID)
- Copy of latest auditors’ report and account of company.
- Memorundum & articles of association
- one (1) Introducer known to the bank
- Interest of 2.0% p.a. for maintaining minimum balance of TZS 100 Mn above TZS 25 Mn.
- Interest of 0.5% p.a. for maintaining minimum balance of USD 100,000 Mn above USD 20,000 Mn.
- 50% concession
- Remittance charges (except for SWIFT charges)
- Inward remittance
- on cash withdrawal charges
- on cash deposit charges
Minimum and Maximum Amount
- Charges for not maintaining of minimum balance in Baroda Premium Current Account is TZS 100,000 p.m. and in Foreign currency 50 p.m. and are subject to change from time to time.
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