Who is eligible?
- Nigerian nationals or residents
- Micro and small entrepreneurs/sole proprietors/individuals
- Over 18 years of age
- NGN 50,000 minimum deposit
- Interest rate of 6%
- Tenure 1-12 months, Free opening and closing, SMS reminder before your maturity date
- Penalties for early withdrawal: before 1/2 period: no interest; after 1/2 period: 50% of prorata temporis
What do I need to subscribe?
- National ID card
- Two passport photographs
- Utility Bill
- Current and or Savings account