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Savings Products

PRODUCT NAME TARGET AUDIENCE FEATURES & BENEFITS

SUSU SUPER SAVINGS ACCOUNT

This account is aimed at saving towards special events and occasions.		 Individuals, Societies, Associations and Institutions
  • Attractive interest rate
  • Minimum opening balance of N100
  • Regular saving for a minimum of 3months depending on each need
  • Possibility of a special credit facility with attractive conditions
  • No fee charged for credit facility
SAVINGS ACCOUNT Students, Individual, Joint Individual Society, Association and Institutions
  • Interest rate of 5% per month
  • Minimum opening balance of N500

PROGRESSIVE SAVINGS AND LOANS ACCOUNT

This account is specially designed for field savings and loans operations to enable clients operate an account with a view of obtaining a loan after the saving period.		 Individuals, Micro entrepreneurs, Joint Individual Societies, Associations and Institutions
  • Minimum opening balance of N500
  • No interest rate is given
  • Account can be used to obtain loan
  • Periodic savings to accumulate guarantee fund for a loan facility
  • 5% flat rate per month is charged on any loan obtained
CURRENT ACCOUNT Individuals, Micro entrepreneurs, Joint Individual Societies, Associations and Institutions
  • Minimum opening balance of N2,000
  • Attractive commercial and credit facilities available including overdraft.
  • COT charge of N3 per mille
  • Attractive interest rates
FIXED DEPOSIT Individuals, Micro entrepreneurs
  • Minimum deposit of N10,000
  • Deposit may be renewed after maturity
  • Flexible deposit periods