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Advans Project

  • Your interest rate increases as you grow your balance

  • We support your goal with high interest rate up till 10%

  • Zero fees

The Advans Project helped me to save and visit Dubai for my bi-annual business trip.

Detailed description

Who is eligible?

  • Nigerian nationals or residents
  • Micro and small entrepreneurs/Sole proprietors/Individuals
  • Over 18 years of age

Conditions

  • (6 to 8.5)% Interest on a quarterly basis (based on daily average balance) 
  • Minimum deposit NGN 1,000
  • Tenure 3-12 months, Free opening and closing, Unlimited deposits (clients should deposit at least once a month)
  • Penalties for early withdrawal: before 1/2 period: no interest; after 1/2 period: 50% of prorata temporis

What do I need to subscribe?

  • Valid ID Card
  • 2 passport photographs
  • Utility Bill

FAQ

Can I make withdrawals from my Project account?

Yes, but interest will not be paid if it is less than 50% of the agreed tenure, half of the interest will be paid on the accrued amount if its is above 50% of tenure.

More FAQ