Basic Savings Account
This account is designed for individuals with no documentation and limited access to banking facilities.
Product Features:
- Attractive interest rate (30% of MPR).
- Verve Card.
- Maximum cash deposit is ₦50,000.00 per transaction.
- Maximum cumulative balance on the account at any point in time is ₦300,000.00.
- Only 1 passport photograph required.
- You may upgrade the account at any time if you wish to have more than ₦300,000.00 balance in your account.
- This account type is for those who carry out lower transactions with the bank.
Documentation Requirements
- Only 1 passport photograph required.