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MeCoB Bank Headquarters - Office Location

Office Location

MeCoB - Visitors Counter

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Savings Account

Savings1A savings account is an account provided by a bank for individuals to save money and earn interest on the cash held in the account. A savings account can be used to save money for specific expenses or for longer-term undefined goals, all while earning interest on the money in the account. Under savings account there are two types namely:

 Savings Account 1

  • Minimum opening balance is Tshs. 5,000.
  • Deposit amount for each month should be not less than Tshs. 2,000.
  • Balance amount with greater than Tshs. 10,000 will get an Interest rate of 3% per year.
  • Account owner will get a loan of not less than 80% of the account balance.

Savings Account 2

  • Minimum opening balance is Tshs. 10,000.
  • Balance amount with greater than Tshs. 50,000 will get an Interest rate of 3% per year.
  • Account owner is permitted to deposit or withdraw at any time.

WHO'S ONLINE

We have 7 guests and no members online

PHYSICAL ADDRESS

Meru Community Bank Ltd
P.O.Box 365 - Usa River,Arusha
East Africa - Tanzania
Tel: +255(0)272541190
Fax: +255(0)2725411
Email: info@mecob.co.tz
Website: www.mecob.co.tz

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