Products & Services

Banking solutions for every dream.

Carefully designed financial products to satisfy our customers' diverse needs — from daily savings to agricultural financing.

Complete Range

Products and Services

To satisfy our customers' diverse needs, a range of financial products and services have been carefully designed. These include:

A. Current Account

Operators of this type of account are issued with cheque books that allow for third party withdrawals. No minimum balances are required and withdrawals are made without restrictions.

Benefits to Customers:

  • Account holder does not need to come in person
  • Account holders enjoy credit facilities
  • No minimum balance
  • No restriction on number of withdrawals in a month
  • Allows other banks' cheques to be deposited for clearing

Features:

Min opening: ₦1,000 (Individual) ₦5,000 (Corporate) 2 references 2 passport photos COT on withdrawals only

B. Savings Account

Allows individual or Corporate bodies to save various sums for future investment or other purposes.

Benefits to Customers:

  • No COT charges, no references required
  • Interest is paid on outstanding balances
  • Savings can be used as collateral for loans/overdraft

Features:

Min opening: ₦500 Interest earning 2 passport photos Children's accounts require parent & child photos No interest if >3 withdrawals/month

C. Target Savings Account

Customers desiring to use own funds to meet a set future event or project may take advantage of this account while earning compound interest.

Benefits to Customers:

  • Interest rate higher than normal Savings Account
  • May be used as collateral for loans/overdrafts
  • Encourages financial discipline

Features:

Min opening: ₦2,000 Quarterly interest payments Flexible deposit options Standing order facility

Examples:

Assets Acquisition Pilgrimage/Tourism Easter/Christmas/Sallah Wedding/Birthday Children/Education Fund

D. Millionaire Daily Savings Account

Specially designed for small savers who want to save small amounts on a regular basis over a predetermined period of time to fund major projects or business expansions.

Benefits to Customers:

  • Helps in achieving major goals/projects
  • Interest rate negotiable
  • Sums saved can be used as collateral

Features:

Min opening: ₦200 Fixed Deposit options Tenure determined at commencement

E. Fixed/Term Deposit Account

For customers who have large sums of money but do not have immediate need for it and wish to invest in interest yielding liquid asset.

Benefits to Customers:

  • High but negotiable interest rate depending on amount and tenure
  • Can be used as collateral for loans/overdrafts

Features:

Tenure: 30, 60, 90, 180+ days Certificate of deposit issued Min deposit: ₦20,000 Negotiable interest rates Can be in child's name

F. Children/Education Fund Account

This account is opened for and in the name of a child for his/her future upkeep or education.

Benefits to Customers:

  • Interest rate is 1% higher than normal Savings Account
  • Child's upkeep, school fees, medical and other related needs can be paid from this fund
  • Parents can use balance as collateral for loans for the child's upkeep

Features:

Min opening: ₦5,000 Daily/Weekly/Monthly/Quarterly Parent & child passports In child's name

G & H. Specialized Financing

G. Lease Financing/Advance

Flexible lease financing options for equipment, vehicles, and business assets with competitive terms.

H. Hire Purchase/Consumer Loans

Own assets through affordable installment payments. Perfect for vehicles, equipment, and household items.

I. Facilities

Local Purchase Order (LPO) Financing

Finance your supply contracts and fulfill LPOs with ease.

Overdrafts/Term Loans

Working capital loans and overdraft facilities for business growth.

Agricultural Produce Storage Financing

Finance for storage facilities and warehousing of agricultural produce.

Animal Fattening Financing

Specialized financing for livestock and animal husbandry.

Crop/Animal Farming Financing

Funding for crop production and animal farming operations.

ACGS/IIDP Programs

Agricultural Credit Guaranty Scheme & Interest Drawback Programme.

Central Bank of Nigeria (CBN) Support

Our Customers can access CBN ACGS/IIDP for all Agricultural Production all-year-round.

ACGS: Agricultural Credit Guaranty Scheme IDP: Interest Drawback Programme
₦50M

Authorised Capital

₦200

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Account Types

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