Who is eligible?
- Nigerian nationals or residents
- Micro and small entrepreneurs/sole proprietors/individuals
- Over 18 years of age
- NGN 1,000 minimum deposit
- Interest rate of 12%
- Only new customers with minimum balance of NGN50,000 are eligible to enjoy a double interest in the Yakataa - double your interest savings promo(This promo is valid for 3 months only)
- 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