Requirements
- Minimum Opening Balance N2, 000.00
- Regular personalized cash pick up of any amount above N500.00 on daily, weekly, or monthly option
- Interest rate of 1% per annum above standard savings account interest rate for 6 months and 1.5% for 12 months if no withdrawal is made within the period under the contribution.
- Minimum duration of 6 months.
- Can be used as collateral for securing loans
- Minimum duration of 6 months.
- Should the customer have any cause to withdraw a part or the whole of his/her money before its maturity, the bank’s savings account interest rate will apply.
- If the depositor die, his/her next of kin will be paid the accrued benefits or continue with the scheme.
- Interest rate (Normal 3%)
DOCUMENTATION
- 2 colored Passport size photograph.
- 2 colored passport size photograph of the child and the parent if he/she is between the ages of 1-17 years (minor)
Means of Identification
Any one of the followings:
- Valid National ID
- Valid International Passport
- Valid Driver’s License
- National Voters’ card.
- Utility bill
- BVN Printout
- 2 current account holder’s references if the account is current
- Dully completion of KYC and UNNSMFB opening forms
Benefits
Interest rate of 1% per annum above standard savings account interest rate for 6 months and 1.5% for 12 months if no withdrawal is made within the period under the contribution.
Description
Savings/or birthdays, Christmas, Sallah, Marriage, Graduation, Anniversaries etc)
Aimed to encourage our esteemed customers to celebrate their festivals in grand style.
Depositors build funds gradually and conveniently to celebrate their birthdays, marriage etc