Save and Win

This is a specialized target savings account which attracts promotional gift items after a raffle draw has been conducted at the end of the product’s maximum tenor of 12 months. The account is classified into 3 with maximum tenor of 12, 9 and 6months for gold, silver and bronze categories respectively:

  1. Gold – To qualify for raffle draw:
  • Save minimum of N500,000.00 within 3months from the date of account opening and maintain same balance or above for a minimum period of 9months.

 2. Silver – To qualify for raffle draw:

  • Save minimum of N200,000.00 within 2months from the date of account opening and maintain same balance or above for a minimum period of 7months.

3. Bronze – To qualify for raffle draw:

  • Save minimum of N50,000.00 within 1month from the date of account opening and maintain same balance or above for a minimum period of 5months.

 

Features

  • Minimum account opening amount of N1,000.00
  • Instant gift items for accounts opened with N10,000.00 and above
  • Account attracts robust interest rate of 5% per annum
  • Account balance can be used as collateral for loan
  • Withdrawal before tenor attracts a penalty