Nurture your Child's Dreams

At Standard Chartered we appreciate the joys and challenges of raising a child. We understand the importance of teaching them lessons that they can benefit from later on in life.

The Young Supersaver's Account is exclusively designed for your child, as it enables you to give them a gift that grows. You can enjoy the highest interest rate offered on the normal savings account, irrespective of the balance.

All you need is a small opening balance, plus regular deposits; all together with our attractive interest rates, you will have the opportunity of watching your child's money grow.

Features and Benefits:

• Minimum opening balance TZS 100,000
• Interest bearing account
• The freedom for you to deposit money in your child's account on a monthly basis.
• The option of automatically transferring funds to your child's account on a monthly basis.
• Limit the account holder to one withdrawal per calendar year. First withdrawal after six months, not to exceed 50% of account balance
• Account will be solely for children under 18 years
• Account will be operated by parent(s) or guardian(s) until the child is 18 years
• Young Supersaver Club Card