Individual Savings

Account Information

Description

Features

Requirements

This is a personalized savings product designed to cater for the unique saving needs of individuals whose major interests are safety and seamless access to their funds.

Digitalized mobile banking.
Automated transactions to simplify savings routine.
USSD banking.
3% Interest rate per annum.
ID Cards, Utility Bill, BVN and Passport Photograph.
Easy access via mobile App/branch or customer’s written instruction.

Duly completed account opening form.
One recent passport photograph.
Identification of signatory (Driver’s License, International Passport, National Identity Card or Voter’s Card).
Residence permit (where applicable).
Public utility receipt dated within the last three months (Electricity bill, water rate bill, tenement rate, rent receipt, telephone bill).

FAQs

Can I access my Individual Savings account online?

Yes, the account is accessible through our user-friendly online banking platform, providing convenience and flexibility.

How can I open this account?

You can open an account online on our mobile App. You can also download the account opening form, fill it out, and visit our branch to open your account.

What is the minimum deposit required to open an Individual Savings Account?

You can start with an opening balance as low as 1,000 naira.

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