VIBRANT MANDATORY SAVINGS
Target Market: This product is meant for customers who has been granted loans by the bank. It serves as cash collateral/contractual savings and refundable majority.
- Initial opening amount is N500.00
- Minimum account balance is N500.00
- Interest rate is 4%
- Minimum savings amount is N100.00
- Withdrawal to be made after loan is fully liquidated.
- interest rate is 4%pa