Target Savings Account (TSA)
It is an account that encourages people to save for the future and towards achieving a set target. Target savings create savings discipline on you.
Features & Benefits:
» Encourages discipline through savings
» Enables you enjoy passive income
» Enables you save to achieve your dream/aspiration
» Competitive interest rate on savings
» Reduced interest rate on loan
» Instant loan without collateral within 24 hours
» Micro-Health Insurance Scheme
» Periodic Financial Information
» Entrepreneurial training opportunities
» Deposit insured by Nigerian Deposit Insurance Corporation (NDIC)
» Enables you save toward achieving specific target such as wedding ceremony, Purchase of assets (generator, refrigerator etc) paying of house rent, birthday ceremony, travelling for holiday, children school fees, buying house hold items embark on small scale business ventures and purchase of working tools for artisans etc.
» A duly completed account opening package
» One passport photograph.
» Utility bill issued within the last 3 months
» Copies of acceptable means of identification (Driver’s License, International passport, National I.D Card, and any other acceptable identification document deemed fit by the bank