DAILY THRIFT
This is a unique thrift that helps you to limit your daily expenditure and helps you save daily.
BENEFITS
- You can save as low as N500 daily-
- You can withdraw at will
- The members meet their needs with ease.
It could be achieved in two (2) ways
A
- Zero new membership set-up
- No commission charge
- 50% transferred to monthly thrift
- The monthly thrift serves as collateral for loan
- Free passbook.
B
- N500 as new account setup fee
- One (1) day commission charge
WEEKLY/MONTHLY THRIFT
FEATURES
- Minimum thrift contribution and frequency of thrift will be determined by the member.
- Minimum target thrift period is 6 months.
- Gives access to small business and personal emergency loans to members
- Weekly thrift allows the member to save weekly while the monthly thrift allows the member to save monthly.
- Both thrift are for employed and self-employed individuals.
BENEFITS
- It helps you gather money in bulk for projects.
- Money saved can be used as collateral for loan, if it’s up to the percentage of the amount as equity contribution.
XMAS THRIFT
FEATURES
- Minimum thrift contribution and frequency of thrift will be determined by the member.
- It is a target thrift for Christmas
- Xmas thrift is opened between January-April
- It is flexible, convenient, accessible and reliable.
BENEFITS
- You can do daily, weekly or monthly thrift thereby giving you enough time and space to plan.
- It allows you celebrate your Christmas in grand style without stress of how to get money for your shopping.
- You are sure to have a wonderful celebration at the end of the year.
LONG TERM THRIFT
FEATURES
- It is a long term thrift account.
- Minimum target thrift period is 6/12 months.
BENEFITS
- It allows members to save for retirement and long term projects.
PROJECT THRIFT
FEATURES
- Minimum thrift contribution and frequency of thrift will be determined by members and it runs for a period of 2 years.
BENEFITS
- Minimum thrift contribution and frequency of thrift will be determined by members.
- It help members gather money in bulk for a particular project.
LIFE TARGET THRIFT
It is a unique kind of thrift that allows members to save for retirement and it runs for a minimum of 3 years.
BENEFITS
- Minimum thrift contribution and frequency of thrift is determined by the members, based on project, value of project and customer earnings.
- Easy access to emergency loan by members.
EDUCATIONAL ENDOWMENT
This is a unique thrift that provides a safety net for your child/children education.
BENEFITS
- Has a minimum of 3 years tenor.
- You can do daily, weekly or monthly thrift towards your child/children school education, so that you don’t struggle to pay their fees.
MEDICAL AND HEALTH SUPPORT
This is a 12 month or 1 year thrift.
BENEFITS
- Easy access to medical loans.
CONDITIONS:
- The person must be sick
- Must have a valid medical report.