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Savings Account

Product Description

This savings account is a product for all kinds of business who need to put  some funds away for ventures and earn interest.

 

Target Market

Individuals 

 

PRODUCT FEATURES AND BENEFITS

  • Account opening balance of N5,000
  • Minimum Balance of N1,000
  • Bundled account that comes with our alternate  channels Internet Banking, Mobile banking
  • Maximum of 3 withdrawals per month after which interest is forfeited
  • Interest bearing {30% of MPR**}
  • Cheque lodgment (up to the tune of ₦2mn per day for account with BVN)
  • No maintenance fee
  • Customized withdrawal slips (not valid for clearing)

**MPR- Monetary Policy Rate