Customers who desires to own a particular product like television, gas cooker, electric iron etc but do not have the cash to buy from the shop direct can contribute and own the product with time. Customers contribute either on daily, weekly or monthly basis and are allowed to own product of their choice.
This is a unique savings package in a sense that a customer is at liberty to make withdrawals anyday and anytime and may even decide to close the account as he or she desires. Members are encouraged to save N500 and above on daily, weekly or on monthly basis depending on what the customer wants
This is savings for land, movable assets like vehicles and other machineries, school fees, house rents, etc. Interest rate for this is negotiable between the customer and the management depending on the amount involved. Here, the customer can deposit bulky amount say N500,000, N1,000,000, N5,000,000 and above.
This is done on daily, weekly and on monthly basis. Customers can contribute from N1,000 and above for either 3 months, 6 months and above and it can serve as collateral to access loan. The interest rate is not negotiable unlike what is obtainable in fixed deposit.
This is also savings for land, movable assets like vehicles and other machineries, school fees, house rents, etc with a minimum deposit of N100,000 and above and minimum tenure of 180 days.
In this type of savings, customers save to qualify for loan (small business and SME loan). The customer must save up to 10% of the amount to access.
This is designed for customers who desire to save for projects like house rent, shop rent, school fees etc and a customer is encouraged to save from #1000 and above on daily, weekly, and monthly basis. In this type of savings, customers are encouraged to save upto N50,000 before November to qualify for the draw and are not allowed to make withdrawals until December after promo. Here, a customer is opportune to win a gift item.
