GT Target Account

GT Target is a high interest bearing account that encourages financial discipline through savings. This product is designed to enable you save towards a specific target  whether it's a wedding, holiday , new car or higher education. Whatever your financial goal is , the GT Target account can help you achieve it 

• Zero account opening balance.
• Mandatory Standing Order of TZS 50,000 ( minimum) - standing order frequency can be monthly, quarterly or semi annually.
• High interest over standard savings.
• Minimum savings period of six months ( partial/ full withdrawal prior to six months attracts interest forfeiture).
• 1% bonus interest is awarded when customers commit to the agreed standing order deposit for 1 year.
• Interest accrues on the account daily but the interest is only capitalized after every six months. 
• Can be opened on our internet banking platform or by walking into any GTBank branch.
• GT Target is a non-transactional account.