TARGET SAVINGS, DAVODANI MICROFINANCE IN LAGOS

Target Savings

Target Savings is a savings account that helps you reach your financial goals faster. You can set a specific goal and create a savings plan to achieve it. Whether you’re saving for a down payment on a house, a new car, or your child’s education, Target Savings can help you get there.

Benefits:

  • Reach your financial goals faster
  • Build a healthy savings habit
  • Improve your financial security

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