This account is designed to enable customers save towards owning their own home by saving periodically over a period of time to qualify for a loan. The loan can be used to buy a piece of land or built-up property or to finance building construction.
Features
- Periodic (monthly) deposit
- Savings towards acquisition of desired property
- Minimum contribution of N30,000
- Subscription based on Gold, Diamond and Platinum categories
- Interest rate is floating
Benefits
- Realistic plan to home ownership
- Compounded interest payment on monthly savings
- High interest -3% above regular savings interest
- Easy access to mortgage loan
- Priority accorded over properties financed by the bank
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