- UNNSMFB Saving Account
Minimum opening balance
-Individual N2, 000.00
-Association N5, 000.00
-Joint N5, 000.00
-Daily savings scheme N2,000.00
*Minimum balance N300.00
*Interest rate 1%
- Pay Slip Investment Plan (PASIP)
* Minimum opening balances N2, 000.00 monthly deposits (no upper limit)
*Interest of 3% P A on your deposits, compounded monthly will be paid to you at maturity.
*minimum maturity period is 1 year, you can choose as many years as you want (eg.2, 3,5,10 etc)
*Regular personalized cash pick up (daily, weekly or monthly option)
*Allows Standing Order instructions.
*Should you have cause to withdraw a part or the whole of your investment before its maturity, the bank’s savings account interest rate will apply.
*In case of death, your next of kin will be paid the accrued benefits or opt to continue with the plan.
*At maturity you can choose to withdraw only the interest, and continue with the plan for another specified term.
***The plan provides you with a bulk sum of money at the time you need it.
***Under the plan, you can opt to have your benefits paid to you on monthly basis.
***When you are sick or incapacitated you can get a monthly income from the investment.
***When you want to borrow, your investment in the plan can serve as collateral or security.
***The scheme enables you to cultivate savings habit to build capital with ease.
- UNNSMFB Teen/Education Savings Scheme (Rock-The Foundation Of Your Children’s Financial Security)
*Minimum opening balances N5, 000.00
*Deposit N1, 000.00 monthly into your child’s account or allow standing order instructions.
*Regular personalized cash pick up (daily, weekly or monthly option) by our mobile banking services for non-current account holders.
*Attractive interest rates (1% above standard savings rates)
*Parents could operate account on behave of their children/wards between the ages of 1-17 years of age.
*Interest rate 3%
*Your child automatically qualifies for a quiz completion in which he/she can win a scholarship.
*Representation by the bank on graduation ceremonies.
*The bank can transfer money to the child to any bank by order of the parents. Parents pay for the cost of transfer.
- August Meeting Savings Scheme Plan (AMSSP)
*Minimum opening balances N5, 000.00
*Regular personalized cash pick up throughout the august/women meeting by UNNSMFB staff.
*Attractive interest on deposits 3%
*Low interest on loan at 30% reducing balance method.
*Memorandum of understanding with the group.
*Access to high quality products from UNNS MFB (eg.Agri-business, pay slip investment plan scheme, UNNS MFB Festivity scheme etc).
*Duration 1 year
*Access micro loan facility to members
- UNNSMFB Festivity Scheme (Save Money, Live Better)
Savings/or birthdays, Christmas, Sallah, Marriage, Graduation, Anniversaries etc)
*Aimed to encourage our esteemed customers to celebrate their festivals in grand style.
*Depositors build funds gradually and conveniently to celebrate their birthdays, marriage etc
*Minimum Opening Balance N2, 000.00
*Regular personalized cash pick up of any amount above N500.00 on daily, weekly, or monthly option
*Interest rate of 1% per annum above standard savings account interest rate for 6 months and 1.5% for 12 months if no withdrawal is made within the period under the contribution.
*Can be used as collateral for securing loans.
*Minimum duration of 6 months.
*Should the customer have any cause to withdraw a part or the whole of his/her money before its maturity, the bank’s savings account interest rate will apply.
*If the depositor die, his/her next of kin will be paid the accrued benefits or continue with the scheme.
*Interest rate (Normal 3%)
2 colored Passport size photograph, 2 colored passport size photograph of the child and the parent if he/she is between the ages of 1-17 years (minor)
Means of Identification
*Any one of the followings: Valid National ID, Valid International Passport, Valid Driver’s License, National Voters’ card.
*2 current account holder’s references if the account is current
*Dully completion of KYC and UNNSMFB opening forms