Nuru Savings Account
Amana Bank Nuru Savings Account is a unique saving account for children under the age of 18 based on passive partnership mode (Unrestricted Mudharaba). Amana Bank Nuru Savings Account enables parents to save for their beloved children’s future needs (educational fees, birthday presents, contribution on purchase of vehicle/housing) and earn high return on savings
Features
- Based on Unrestricted Mudharaba Contract
- Minimum Opening Balance of TZS 10,000/- or USD, EUR, GBP 50, AED 150
- Account Maintenance Balance of TZS 10,000/- or USD, EUR, GBP 50, AED 150
- Attractive Profit Participation Balance (Min. Daily Balance) TZS 100,000/- or USD, EUR, GBP 1,000, AED 150
- Only 4 Withdrawals Per Year
- No Monthly Maintenance Fee and other Bank charges are applied as per Bank Tariff Click here to view (Section no 8)
- Instant Transaction Alerts (SMS Alerts)
Benefits
- Easy to open and operate
- Attractive and Halal Profit
- Stress Free and Effective Investment Plan for Your Children
- Free Bank Statement
- No Hidden Charges
Requirements
- One passport size photograph of parent / guardian
- One passport size photographs of child
- Copy of birth certificate of child
- Copy of national identity card / passport / voter card / new driver license of parent / guardian
- Introduction letter for the parent / guardian form local government or utility bill (water, electricity or telephone) having the applicant’s name
