Account Packages

TARGET (OTHER) SAVINGS ACCOUNT

This account is designed to encourage potential entrepreneur to accumulate set up

Capital for a new venture or expansion.

FEATURES

  • Opening balance N1,000
  • Save a minimum amount of #1000 frequently but at your convenient interval and be used as collateral for micro Loan.
  • Loan drawn down is allowed provided the¬†account has been in operation for 6months and above, subject to maximum loan of N500,000 or as stipulated by the regulatory guidelines.
  • Interest rate of 1% above normal saving interest rate provided there is no withdrawal within 6 months and above.