Account Packages
This product is designed to encourage Individual to operate a special savings account targeted to finance a special event, project or ceremony at year end or as the case may be.
FEATURES
- Minimum initial opening balance of N1,000
- Instant gift item for any account opened with N10,000 and above
- There are three categories with minimum duration and deposit balances: GOLD – Minimum of 12 months & deposit of N500.000, SILVER – Minimum of 9 months & deposit of N200.000, BRONZE – Minimum of 6 months & deposit of N50.000.
- Customers are to save and maintain required minimum balance stated above within 90 days, 60 days and 30 days respectively from the date of account opened.
- No withdrawal will be allowed within the required savings period for each category
- Robust interest rate of 5% per annum.
- Account balance can be used as collateral for loan
- Deposit can be made into the account as frequently as possible