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Savings & Investments > Children Saving Account

Enables parents/guardians to plan and save for their children’s future from ages 0-18 years on the attainment of medium and long-term goals.

Features

  • Interest payable on your monthly deposit. Base rate plus 1.5% per annum payable quarterly
  • Withdrawal is not expected more than once a quarter otherwise the 2.5% interest is forfeited
  • Account automatically converts to mortgage plan savings account at age 18
  • Minimum opening balance of N5,000
  • Minimum balance in account is N5,000
  • Minimum monthly deposit of N10,000


  • Not for you? Check other products

    FAQs

    We understand how possible it can be to forget when repayment. We have officers and an automation system that would remind you about repayment times.
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    We understand how possible it can be to forget when repayment. We have officers and an automation system that would remind you about repayment times.

    Savings

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