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Savings & Investments > Children Savings Account

Enables parents/guardians plan and save for their children's future from ages 0-18 years on the attainment of medium and long-term goals.


  • Interest payable on your monthly deposit. Base rate plus 1.5% per annum payable quarterly
  • Withdrawal is not expected more than once a quarter otherwise the 2.5% interest is forfeited
  • Account automatically converts to mortgage plan savings account at age 18
  • Minimum opening balance of N5,000
  • Minimum balance in account is N5,000
  • Minimum monthly deposit of N10,000

  • Not for you? Check other products


    An offer letter containing terms and conditions will be given to you through your relationship manager.
    No penalty for early or bulk loan repayment.
    Your relationship manager will follow up with you, thereafter a recovery or foreclosure process may be initiated.


  • >>Home Plan
  • >> Children Savings Account
  • >> Target Savings Account
  • >>Endowment Savings Account
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