
This account is a group saving that provides an opportunity to VICOBA, SACCOSS, NGOs, Churches, Mosque and other saving groups to smoothly collect and manage their group contributions and earn interest on funds deposited into their bank account.
Features:
- Currently available in TZS only
- Operated by Signatories and cheque
- Operated by three or four signatories
- No monthly charges
- No withdrawal fees
Benefits:
- Enable groups to grow their deposit, get funding for their groups
- Affordable account Opening amount
- Attractive interest rates
- Real time collections from members through MHB Mobile Banking, MHB Wakala, and Branches