A motorcycle purchased on lease for a customer
Deposit Products
Plus One Universal Savings
- Minimum opening balance of N1,000
- Account holders can save and withdraw from the account at anytime
- Minimum account balance of N500
- Deposit attracts competitive interest rate per annum,
- Forfeiture of interest if withdrawals are more than thrice in a month
Plus One Target Savings
- Designed to meet targeted financial needs during special occasions or travels
- Minimum opening balance of N1,000
- Interest rate is above the Plus One Universal Savings Account rate
- No withdrawal from account until after 3 months, to qualify for loan
- You can borrow up to three (3) times the amount saved and balance on account
- Repayment spreads after 3-6 months
Fixed Deposits
- Placement of funds for specific tenor
- Various maturities, namely: strict-call, 30-days, 60-days or 90-day
- The rates for different maturities are very attractive and negotiable.
- Minimum deposit of N100,000
- Deposit can be used as collateral for loan
Current Account
- This a cheque clearing account
- Minimum opening balance of N3,000 for individual and N5,000 for SMEs
- Account holder qualifies for overdrafts or loans
