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Products  Consumer Banking   Easy Savings
Easy Savings Account
 
An easy to open savings account designed for Students above 18, participants in the National Youth Service Corps (NYSC) Scheme and low income earners who require a convenient and easy to access account
 
Benefits

• Minimum Opening Balance of N500

• Zero Minimum Balance

• Prevailing base interest rate

• Personalized Debit cards

• Access to Health Insurance at best value premiums

• Email and SMS alerts on account transactions

• Discounts of up to 7%-10% on repairs, refurbishment, auto-detailing and servicing of their car when they subscribe to the 3AL Auto Club

• Upgrade on request to Silver, Gold and Platinum Accounts

For Whom?

• Students above 18, participants in the National Youth Service Corps (NYSC) Scheme and low income earners

How To Apply

1. Download the account opening form

2. Complete the form and provide the under listed documents

a. One Passport Photograph

b. Copy of a valid means of Identification (National ID, Driver’s License or International Passport) or any of the following IDs: Student, Military /Paramilitary, NYSC, Government Parastatals

c. Provide an opening balance of N500

FAQ

Q. What is the minimum opening balance for Easy Savings Account?
A. N500

Q. What is the minimum operating amount for Easy Savings Account?
A. Zero naira

Q. What is the Interest Rate on Easy Savings Account?
A. Base Interest Rate

Q. How are withdrawals made?
A. Through a savings account withdrawal booklet or Debit Card

Q. How long does it take to get a Debit Card
A. A maximum of two weeks.

Q. How often can withdrawal be made from the Account?
A. As many times as you wish but withdrawals over three times a month attracts an interest forfeiture penalty for that month.

Q. Must references be supplied at the point of opening the account?
A. No, Easy Savings account does not require any reference

Q. Will I be given statement of account?
A. Yes, on demand


 
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