Flagship Products and Services

Kiddies Savings

Objective
To promote planning for children and stimulate culture of saving in early life.

Target Audience

  • Newly Married couples
  • Parents & Grandparents
  • Guardians
  • Professional workers

Features
Account to be operated by parents on behalf of child who will be entitled to take over account on attaining maturity at age 18.

Minimum opening balance: N5,000.00
Subsequent contribution: No Limit
Allowable No of Withdrawals: 3 Times maximum in a year
Interest Rate: attractive; above treasury bill rate for all balances of N50,000 and above
Interest Payment: accrued; to be paid yearly.

Benefits

  • Early creation of assets for children
  • Dedicated fund, devoid of dispute in terms of ownership and purpose
  • Attraction of capital appreciation as hedge against inflation in recognition of time, value for money.


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