Savings
Deposit Products
Deposit Products
These are savings products that individuals and organizations can benefit from. They allow individuals and organizations to safely keep their earnings comfortably and more easily engage in the transactions their businesses require.
These products enable our customers to enjoy credit interests.
Features
• Minimum opening balance of N3,000.00.
• Minimum operating balance of N500.00 .
• Allows withdrawals from any NNMFBL Branches.
Accompanying Documents.
• Minimum opening balance of N2,000.00.
• Means of identification (National ID, International passport, driver’s license).
• Two passport size photographs of Applicant
Next Steps
To open a personal Savings account,.
- Minimum opening balance of N5,000 for individuals and N10,000 for corporates
- No limit of withdrawals in a month
- Funds transfer and bank cheques/drafts allowed on account
- Inter-branch transactions – account owner and third parties are allowed.
- No restrictions the on number of withdrawals
- Access for any of the numerous bank’s products
- Can be used to access loans
- Issuance of cheque books valid for clearing nationwide Accompanying Documents
- Duly completed Account Opening Form
- Two (2) recent passport sized photographs
- Address verification document e.g., Utility Bill
- Valid means of identification: National ID card, International Passport or Driver’s License
- Download the Individual Account Opening Form
- For Corporate account holders, download the Corporate Account Holder Form
- Complete the form and Scan to our official Email or Scan to any of Our Staff
It is an investment account with a specific amount invested at an agreed interest rate and tenor. Based on customer’s instructions, at the end of the agreed period (tenor), the investment can either be rolled over (re-invested) or liquidated (returned to the customer) with the interest amount earned.
Features
- Investment period (tenor) is a minimum of 30 days and a maximum of 360 days.
- Minimum opening balance of N100, 000
Benefits
- The account can be terminated at the customer’s discretion
- Attractive Interest rate
These are savings products that individuals and organizations can benefit from. They allow individuals and organizations to safely keep their earnings comfortably and more easily engage in the transactions their businesses require. These products enable our customers to enjoy credit interests.
Features
- Minimum opening balance of N2,000.00.
- Minimum operating balance of N1,000.00
- Allows Intersol withdrawals from any NNMFBL Branches.
Accompanying Documents
- Minimum opening balance of N2,000.00.
- Means of identification (National ID, International passport, driver’s license)
- Utility Bill of Applicant (AEDC bill, Water rate bill, Tenement rate, Rent receipt)
- Two passport size photographs of Applicant
Next Steps
To open a personal Current account,
- Download the Individual Account Opening Form
- For Corporate account holders, download the Corporate Account Holder Form
- Complete the form and submit at the nearest NNMFBL branch
