ZamZam Bank S.C.

Interest-free bank

Prices published

Not disclosed

Price categories

Tariff date in research profile

30 Megabit 2018

Research snapshot. Prices were collected from public sources on 14 Meskerem 2019 and are not confirmed by the institutions. Records include historical, proposed and unconfirmed prices; only current records with reviewed terms enter calculations. Check with the provider before you decide. How we compare →

Provider website Tariff page Financials

Full-fledged IFB (first licensed IFB in Ethiopia)

Deposits

1 tariff records

1 of 1 records

			Source
Diaspora Wadia Saving Account (FCY)Minimum opening balance	USD 100.00	Or equivalent — Diaspora Mudarabah fixed deposit listed as temporarily inactive	Source

Loans

4 tariff records

4 of 4 records

			Source
Collateral estimation - residentialValuation fee	ETB 1,500.00–ETB 4,000.00	Per building — Villa up to 2 floors/apartment unit 1500; 3-6 floors 2400; >6 floors 4000; under construction 1600	Source
Collateral estimation - commercial buildingsValuation fee	ETB 1,900.00–ETB 5,000.00	Per building — Up to 2 floors 1900; 3-6 floors 3000 + 250/floor; >6 floors 5000 + 250/floor	Source
Collateral estimation - vehicles and machineryValuation fee	ETB 800.00–ETB 1,900.00	Per unit — Automobile 800; truck/passenger vehicle 1000; construction machinery 1250; large industrial machinery 1500; workshop 1900; factory/warehouse 3750; fuel station 1250/tanker; flower farm 3000/greenhouse; coffee site 5000	Source
Fresh financingProcessing fee	0.05% of amount · minimum ETB 1,000.00 · maximum ETB 100,000.00	Of approved amount — Min 1,000 ETB; max 100,000 ETB per request; renewals charged 50% of first payment	Source

Interest-free products

27 tariff records

27 of 27 records

			Source
Ansar Salihat (women MSME digital Murabaha)Profit (markup) rate	3.75% of amount · (% of financed amount)	30 days; max 30000 ETB; no collateral — AI-scored digital financing via Ansar app	Source
Ansar Small Enterprise Working Capital (SAFEE)Profit (markup) rate	4.00% of amount · (% of financed amount)	4 months; max 100000 ETB; no collateral	Source
Ansar Small Enterprise Working Capital (Commercial)Profit (markup) rate	15.00% of amount · (% of financed amount)	Up to 1 year 6 months; max 100000 ETB	Source
Ansar Medium Enterprise Capital Expenditure & LeaseProfit (markup) rate	25.00% of amount · (% of financed amount)	Up to 2 years 6 months; max 500000 ETB	Source
Ijarah, Musharakah, Mudarabah financing, Istisna, Bai Salam, Qard al-HassanProfit rate / fees	Not disclosed	Products listed on website without pricing	Source
Mudarabah Saving AccountProfit-sharing ratio	Not disclosed	Profit on average monthly balance at pre-agreed ratio (ratio not published)	Source
Mudarabah Investment / Time DepositProfit-sharing ratio	Not disclosed	3 months to 5 years — Higher share for longer tenor; ratio not published	Source
Murabaha - Manufacturing / Education / HealthProfit (markup) rate	13.0% a year	Up to 1 year — Longer tenor rates not published	Source
Murabaha - ADTS, Import, AgricultureProfit (markup) rate	12.5% a year	Up to 1 year — ADTS = agricultural development/transport sector per tariff label	Source
Murabaha Revolving - Non-exportProfit (markup) rate	17.0% a year	Up to 1 year	Source
Murabaha - Other categoriesProfit (markup) rate	13.0% a year	Up to 1 year	Source
Murabaha Export - Term FinancingProfit (markup) rate	10.0% a year	Up to 1 year	Source
Murabaha Pre-shipment FacilityProfit (markup) rate	12.0% a year	Up to 1 year	Source
Murabaha Revolving - ExportProfit (markup) rate	12.0% a year	Up to 1 year	Source
Murabaha - Building & Construction, New Machinery/Vehicles, Personal Housing/VehicleProfit (markup) rate	13.0% a year	Up to 1 year — Covers personal housing and personal vehicle Murabaha	Source
Murabaha Merchandise FinancingProfit (markup) rate	13.0% a year	Up to 1 year	Source
Amana (Qard) Current Account - local / FCY diasporaMinimum balance / fees	Not disclosed	Dormancy fee for Qard accounts 50 ETB/yr (see tariff)	Source
Atea'lim (education) Mudarabah SavingMinimum opening balance	ETB 500.00	Min 1000 ETB balance to share profit (monthly)	Source
Nikah (wedding) Mudarabah SavingMinimum opening balance	ETB 500.00	Min 1000 ETB balance to share profit (quarterly)	Source
Eid (holiday) and Almerah (women) Mudarabah SavingProfit-sharing ratio	Not disclosed	—	Source
Wadiah Saving / Current AccountProfit-sharing ratio / minimum balance	Not disclosed	Wadiah = no return; variants: Salary; Kids; Labbaik (Hajj/Umrah); Waqf; Zakat; Almerah (women)	Source
ZamZam SafeBox Wadiah SavingMinimum opening balance	ETB 50.00	—	Source
Term investment profit ratioTerm investment profit ratio	Not disclosed	3 months — Reviewed 2026-09-24 after NBE/INT/13/2026. No dated post-directive numerical quote verified for this term. Not disclosed is a research gap, not a zero rate or proof the product is offered. Undated legacy quotes elsewhere are not confirmation of current pricing. Expected profit, profit-sharing ratio and conventional annual interest are distinct.	Source Medium confidence
Term investment profit ratioTerm investment profit ratio	Not disclosed	6 months — Reviewed 2026-09-24 after NBE/INT/13/2026. No dated post-directive numerical quote verified for this term. Not disclosed is a research gap, not a zero rate or proof the product is offered. Undated legacy quotes elsewhere are not confirmation of current pricing. Expected profit, profit-sharing ratio and conventional annual interest are distinct.	Source Medium confidence
Term investment profit ratioTerm investment profit ratio	Not disclosed	12 months — Reviewed 2026-09-24 after NBE/INT/13/2026. No dated post-directive numerical quote verified for this term. Not disclosed is a research gap, not a zero rate or proof the product is offered. Undated legacy quotes elsewhere are not confirmation of current pricing. Expected profit, profit-sharing ratio and conventional annual interest are distinct.	Source Medium confidence

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Domestic payments

3 tariff records

3 of 3 records

			Source
Clearing (normal clearance)Fee	ETB 10.00	Per cheque	Source
Local Money Transfer Service (LMTS)Commission	Prices vary by published conditions · 10 ETB up to 3000 then 1 ETB per 1000 — Plus 10 ETB service charge	10 ETB up to 3000 then 1 ETB per 1000 — Plus 10 ETB service charge	Source
RTGS transferFee	ETB 100.00	RTGS re-transfer 50 ETB	Source

Digital banking

4 tariff records

4 of 4 records

			Source
ZamZam Mobile - transfer to other bankFee	0.40% / 0.24% / 0.16% / 0.08% / 0.04% by amount · (% of amount)Up to ETB 5,000.00: 0.40% of amount; ETB 5,001.00–ETB 25,000.00: 0.24% of amount; ETB 25,001.00–ETB 100,000.00: 0.16% of amount; ETB 100,001.00–ETB 1,000,000.00: 0.08% of amount; Above ETB 1,000,000.00: 0.04% of amount	By amount — <5000: 0.4%; 5001-25000: 0.24%; 25001-100000: 0.16%; 100001-1000000: 0.08%; >1000000: 0.04%	Source
ZamZam Mobile - own-bank transfer and utility paymentFee	Free	—	Source
ZamZam Mobile - other servicesFee	ETB 5.00–ETB 10.00	5 ETB below 5000; 10 ETB above 5000	Source
USSD banking *600#Fees and limits	Not disclosed	—	Source

Cards & ATM

3 tariff records

3 of 3 records

			Source
ATM cash withdrawal (on-us and off-us)Fee	0.50% of amount	0.5 Birr per 100 Birr withdrawn	Source
Debit card issuanceFee	Free	New card	Source
Debit card renewal / replacementFee	ETB 50.00	PIN reissue 10 ETB	Source

Cheque services

4 tariff records

4 of 4 records

			Source
Insufficient-fund cheque returnPenalty	Prices vary by published conditions · 1st time free; 2nd 3% (max 25000); 3rd 5% (max 50000)	1st time free; 2nd 3% (max 25000); 3rd 5% (max 50000)	Source
Cash Payment OrderIssuance fee	ETB 25.00–ETB 50.00	25 from account / 50 cash (non-account holder) — Cancellation/amendment 50 (account) / 25 (cash); lost CPO refund 100 (holder) / 200 (non-holder)	Source
Cheque book (25/50/100 leaves)Issuance fee	Not disclosed	As per printing cost	Source
Stop payment orderFee	ETB 200.00	Single cheque book; range of cheques 2 ETB per leaf	Source

Account services

4 tariff records

4 of 4 records

			Source
Account closure within 6 months (Wadia/Mudarabah/Qard)Fee	ETB 50.00	Closed within 6 months of opening	Source
Inactive account (2+ years)Maintenance fee	ETB 25.00–ETB 50.00 · (ETB per year)	Wadia/Mudarabah 25 per year; Qard 50 per year	Source
Passbook replacement (loss/damage)Fee	ETB 50.00	New and ordinary replacement free	Source
Account statementFee	ETB 0.00–ETB 15.00 · (ETB per page)	Monthly (no passbook) free; with passbook 5/page; duplicate current year 10/page; older 15/page	Source

Trade finance

4 tariff records

4 of 4 records

			Source
Kafalah - Bid BondCommission	Prices vary by published conditions · By amount bracket and collateral type — Up to 3m: cash 0.03% / building 0.60% / vehicle 0.80% / personal guarantee 1.10%; above 15m: cash 0.01% / building 0.40% / personal 0.90%	By amount bracket and collateral type — Up to 3m: cash 0.03% / building 0.60% / vehicle 0.80% / personal guarantee 1.10%; above 15m: cash 0.01% / building 0.40% / personal 0.90%	Source
Kafalah - Advance Payment GuaranteeCommission	Prices vary by published conditions · By amount bracket and collateral type — Up to 5m: cash 0.03% / building 0.65% / personal 1.20%; above 20m: cash 0.01% / building 0.45% / personal 1.00%	By amount bracket and collateral type — Up to 5m: cash 0.03% / building 0.65% / personal 1.20%; above 20m: cash 0.01% / building 0.45% / personal 1.00%	Source
Kafalah - Performance Bond, Customs Bond & OtherCommission	Prices vary by published conditions · By collateral type — Cash 0.03%; cash substitutes 0.09%; building 0.80%; machinery 0.90%; vehicle 1.00%; personal guarantee 1.40%	By collateral type — Cash 0.03%; cash substitutes 0.09%; building 0.80%; machinery 0.90%; vehicle 1.00%; personal guarantee 1.40%	Source
Import LC / CAD / Advance TT / service payments / cash salesTotal FX service charge incl. LC opening commission	4.00% of amount	All modes — LC opening commission 2% plus service charge 2-4% by mode; stated total 4% across all modes	Source

Research notes

Mobile apps: ZamZam Mobile · Ansar (digital financing)
USSD: *600#

NBE est. 01/09/2020. HTML tariff page (last modified 2026-04-08) covers service charges, digital, Kafalah, Murabaha (<=1yr) and collateral fees. Deposit profit-sharing ratios not published. Prospectus June 2026 (capital raising). Hotline 9670. | Social review: five platform URLs populated; inherited versus newly cross-linked provenance in Social_Coverage.md. Public2025-26post search is bounded, not exhaustive.

Provider sources

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