Islamic Savings Account

Islamic Savings Account

With this account, a customer can Save money with simplicity, according to Shari’ah Law, and manage their account using NBC’s countrywide branch network, ATM’s and Online and Mobile Banking.

Benefits

  • 24-hour access to over 250 NBC ATMs countrywide.
  • 24-hour access to your account via NBC’s Online Banking service.
  • 24-hour access to your account via NBC’s Mobile Banking service.
  • Unlimited number of withdrawals over the counter, with no maximum withdrawal amount.
  • Allows convenient payments through Standing Instructions and Electronic transfers.
  • Payments into this account can be made at all NBC branches countrywide.
  • The account holder receives NBC Takaful Death Benefit of TZS 500,000. NBC Takaful Death Benefit is an Islamic Insurance policy that is based on the principles of mutual assistance. This policy helps overcome financial difficulties experienced at the death of the account holder.
  • Fully compliant with the Shari’ah Law.