Tanzania - Renew Savings and Credit Cooperative (SACCO) License

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Procedure

Apply In-Person:

1. Renewing a Savings and Credit Cooperative (SACCO) License is available in Bank of Tanzania contact link
2. The applicant must fill-in all the necessary information in the application form.
3. The applicant should make sure to carry both photocopies and originals of all the documents that are needed for completing this procedure.
4. Documents that are needed for completing this procedure are mentioned under the “Required Documents” section of this page.
5. The applicant must attach all the necessary documents along with the application form before submitting it at the office.
6. The Fee for this procedure will be mentioned by the concerned authorities.
7. If all these procedures were followed properly by the applicant, the license will be renewed within a stipulated period of time.
8. If there is no information regarding the license is provided, the applicant should visit the office to know the status of their application.

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Required Documents

• Completed Application Form
• Expired Savings and Credit Cooperative License
• Payment Slip

Office Locations & Contacts

Bank of Tanzania,
Head Office Address,
16 Jakaya Kikiwete Road 40184,
Dodoma, Tanzania.
P.O. Box 2303
Phone No: +255 262 963 183/7 or +255 222 232 506
Fax No: +255 262 963 189
Email Address: [email protected] / [email protected]
Regional offices address is available in the following contact link

Eligibility

• Any individual with an expired savings and credit cooperative (SACCO) is eligible for this procedure.

Fees

• The fee for this procedure has to be paid as per the authority’s request.

Validity

• Renewal of a savings and credit cooperative (SACCO) is valid for the period mentioned in it.

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• The processing time for this procedure will be provided by concerned authorities.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

Required Information

• Full Name of the Applicant
• Expired License number
• Postal/Physical Address
• Branch Details
• Details of Capital
• Particulars of Officers
• Name of Bankers and their Address
• Email Address
• Contact Number

Need for the Document

• Any individuals in Tanzania who has an expired savings and credit cooperative (SACCO) must renew their license.

Information which might help

Enter other information which might help

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

• Bank of Tanzania (BOT) link

Others

More information which might help people.