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Mwanga Hakika Microfinance Bank LimitedMwanga Hakika Microfinance Bank LimitedMwanga Hakika Microfinance Bank Limited
+255 747 666 511
Mwanga Hakika Microfinance Bank LimitedMwanga Hakika Microfinance Bank LimitedMwanga Hakika Microfinance Bank Limited

Personal Banking

Savings

  • Personal Saving Account (PSSAVE)

This is saving account designed for conveniently save your money for your future needs at the same time to enjoy favorable benefits and competitive interests.

Features:
  • Individual operations
  • Favorable opening balances
  • Free cash and in us cheque
  • Get ATM card and free registration to MHB Mobile
  • No limitation of withdrawal
  • Have unlimited transaction from your account
Benefits:
  • Linked to MHB Mobile Banking
  • Enjoy free SMS alert on every withdrawal on ATMs
  • Eligible to cheque books
  • 24hrs banking services through our ATMs
  • Enjoy reasonable and yet affordable bank charges
  • Personal Salary Account (PLSAVE)

This is an individual employees operations. A saving account opened to facilitate salary payment by a customer whose employer is a corporate of institution client of MHB.

Features:
  • Minimum operating balance
  • Subjected to monthly and transaction
  • Earn interest on deposit
  • Eligible to ATM card
  • Eligible to MHB Mobile Banking
Benefits:
  • Easy access for opening account
  • Access to personal loan
  • Access to salary Advance loan
  • It facilitate salary processing/payment
  • High benefits as it earns interest
  • Mtoto Account (MTSAVE)

This account is opened on behalf of a child. This is a saving account designed to enable parents and guardians to save for their children within the age group of 0-18 years for school fees, medical treatment.

Features:
  • Opening balance of 10,000/=
  • No withdrawal fee
  • No monthly ledger fee
  • Free ATM bank card
  • Withdrawal are restricted to 4 times per annum
  • Opened in the names of the minors’ but operated by the registered parent/guardian
Benefits:
  • Deposit can be made via alternative channels conveniently MHB wakala, MHB Mobile, and all our Branches
  • No monthly maintenance
  • It builds and shape the sense or motive of saving culture to the child
  • Customer money are safe secured
  • Msomi Account (MSPA)

This is a saving account designed for college and university students to enable them to save their allowance and money while at university or college.

Features:
  • No ledger fee
  • No withdraw fee
  • Opening Balance TZS. 10,000 (Free ATM)
  • Easy access to education loans
  • Earn attractive interest
Benefits:
  • Eligible for MHB visa Card
  • MHB mobile Banking
  • Getting free SMS alert on every withdrawal on MHB ATMs
  • Enjoy limited transactions from your account
  • Enjoy other Banking channels like MHB wakala , ATMs , MHB Branches
  • Customer money are safe and secured
  • Premium Current Account (PRMCA)

Premium current account this is an account that exclusive and personalized services carefully packaged for our High Net worth Customers. The service guarantees a seamless and pleasurable banking experience in keeping with customer’s lifestyle.

Features:
  • It operates by individual through cheque leaf
  • No limit on withdrawal
  • Linked with MHB Mobile Banking
Benefits:
  • Preferential premium rates on our insurance products
  • Customers financial needs will be met and delivered in exceptional banking experiences that strive to give customers time for more
  • Malengo Saving Account (MSAP)
Features:
  • Opening Balance: TZS 100,00/-
  • Minimum Balance: TZS 100,000/-
  • No ledger fee
  • No ATM cards
  • Foreign Currency Saving Account

This account is designed for cash foreign exchange transactions for all Customers. We offer option interest bearing settlement for amounts USD 5,000.00 or EURO 5,000.00

Benefits:
  • Enable to get MHB ATM cards
  • Eligible for both retail and corporate clients
  • We offer special and negotiable rates for amounts above USD 5000.00 or the equivalent in other currencies
  • With the fixed exchange rate, customers are able to plan future cash flows for accurate budgeting.
  • Fixed Deposit Account

This is account that involve a time deposit with fixed terms where a certain amount is kept in the account for pre - determined fixed time (Investment duration ranges from 3 or 6 or 12 or 24 months) and interest rate of up to 5%

Features:
  • Renewable investment enable customers to maximize his/her interest
  • Enable to access an overdraft facility in case of need (It is used as a collateral for loan)
  • Risk free investment with guaranteed return
Benefits:
  • Interest is paid on maturity
  • Investment duration ranges from 3 or 6 or 12 or 24 months
  • It can be renewed as per customer’s instructions
  • It can be opened in either of TZS, USD and EURO
  • Funds are invested in fixed period
  • Special Deposit

This is account that involve a time deposit with fixed terms where a certain amount is kept in the account for pre - determined fixed time. It is special because it involves special contract agreement.

Features:
  • Fixed and depend on the contract
  • Compulsory deposit to secure either loans or guarantee
  • Interest rate will depend on the negotiation
Benefits:
  • It can be renewed as per customer’s instructions
  • It can be opened in either of TZS, USD and EURO
  • Funds are invested in fixed period
  • Interest is paid on maturity