GrantsMFB


Grants Microfinance Bank

Target Savings

Applicants willing to operate a target savings with Grants MFB can do so with as little as 100 (one hundred naira).

 

The various categories for fixed deposits are

 

Deposit Type

Description

Daily savings

Commit to saving a specified amount daily for a specified period and reap profits obtained from your savings

Christmas savings

Have a target amount to save before December 25th and have 5% of that amount credited to you if you achieve your mark

School fees savings

Save for your wards fees with us for a minimum of 2 children and we match 10% of the next child’s school fees

Rent savings

Save towards your rent monthly each year and we will match 5% of the amount saved  

Aggressive savings

Save incrementally each month for a minimum of 12 months and we will match the total amount saved by 10%

Group/ Esusu savings

Organise a savings group- friends, family, religious, social or office. We will help you collect savings and disburse to each member their share of the savings and also ensure you earn income on the savings

 Documentation required

  • Account opening form for new customers
  • Target savings form
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Grantsmfb will never request for your personal financial information. Do not share your PIN, BVN, OTP, CVV, Debit Card PAN, etc with anyone.

Grantsmfb does not demand payment before any service is rendered.

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