Savings Account
This is a deposit account where deposits can be made in person or through proxy but withdrawals are done in person. It attracts interest that is competitive in the banking industry.
Features
- Minimum opening balance of ₦2,000.00.
- Minimum operating balance of ₦1,000.00
- Interest rate of 4% per annum.
- Withdrawal from savings accounts more than thrice in a month will lead to forfeiture of interest in that month.
Requirements
- Minimum opening balance of ₦2,000.00.
- Means of identification (National ID, International Passport, driver’s license, voter’s card)
- Utility Bill of Applicant (PHCN bill, Water Rate Bill, Tenement Rate, Rent Receipt)
- Two Passport size photographs of Applicant