Savings plan for women:
This is a passbook savings account designed especially for women and has the following features;
- Minimum opening balance is N1,000.00
- Interest rate is 6% per year
- Can be used as collateral for loan
- Account holders are automatically entered in a semi-annual lottery with prizes including TV sets and other household equipment like gas cooker, deep freezer, sewing machine etc.
- Additional bonus interest rate of 2% will accrue on the savings if no withdrawal is made in one year.