NMB Personal Account & Nmb Personal Account Charges

NMB Personal Account & Nmb Personal Account Charges

NMB Personal Account & Nmb Personal Account Charges


Personal Account

This is a transactional account for individuals which give access to customers’ funds through extensive NMB outlets of over 215 branches countrywide, over 800 ATMs, over 6000 NMB Wakala Agents  and NMB Mobile platform. NMB Personal Account provides efficient and convenient way of receiving and managing your money safely and secure.


Benefits of Personal Account

  • No opening balance is required for government employees
  • Get ATM card and Free registration to NMB mobile 
  • Enjoy cash withdraw on NMB ATMs up to TZS 1,000,000/= a day
  • Enjoy  value  added  services  like  balance  enquiry,  fund transfer and prepaid service on  ATMs at the palm of your hands
  • Enjoy free SMS alert on every withdraw on ATMs
  • Eligible for cheque book (extra requirement)
  • Customer money are safe and secured
  • Eligible for Free NMB Faraja Insurance cover up to TZS 2,000,000*
  • Enjoy reasonable and yet affordable bank charges
  • Enjoy unlimited transaction from your account 
  • Free cash and on us cheque Deposit

What you need to open Personal Account

  • Applicant should be aged 18 years and above
  • Legally Accepted Personal Identity Card
  • Legally Accepted Introduction letter
  • 2 recent passport photos with blue background
  • At least TZS 15,000/= for non-government employee

Key Charges Attracted by this Account

  • Monthly Maintenance Fee
  • Dormant Account fee after twelve month of inactiveness
  • Other transactional charges as per NMB Tariff Guide


Available Currency Options

  1. TZS, USD, GBP and EUR;
  2. No ATM Card for Forex account 

Please visit or contact your nearest NMB branch or you call us on our toll free number – 0800 002 002.



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People also ask


What is NMB personal account?

  • A transactional account for individuals which enables customers to deposit, withdraw and make payments/transfers through a wide network of NMB branches, Agents, ATMs and various digital platforms like NMB Mkononi, Internet Banking, POS, QR Code and E-Commerce.

How do I open a NMB account?

How to open an NMB Lite Account via USSD

  • Dial *241#
  • Accept the Terms of Service.
  • Select the account type you want (ZWL$ or USD Nostro)
  • Enter your ID Number.
  • Next, you'll enter your Date of Birth.


How can I check my NMB account balance online?

  • Dial *150*66#, enter your PIN and then select 'Balance Inquiry'.


What is Chap Chap account?

  • An instant account designed to help customers overcome the significant barriers of financial inclusion. The Account requires only a valid I.D. card as a tool to foster financial inclusion. KEY FEATURES.


Who is the owner of NMB Bank?

  • In 2005, the Government of the United Republic of Tanzania privatized the bank when it sold part of its shareholding (49%) to a consortium led by the Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. ('Rabobank Group').


Can you open NMB account online?

  • You can open an NMBlite account in the comfort of your home through the NMB Connect App or *241#. You can also open an NMBLite Nostro account on the NMBConnect App. NMBConnect is available for download on Play Store using the link https://play.google.com/store/apps/details?id=com.mobilebanking.nmb and App store.


How much does it cost to open a NMB account?

How much deposit do I need to open an account?

  • NMBLite account - $300.
  • Current account - $500.
  • Savings account - $500.


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