
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:
- 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