Baobab Savings
Save money for an emergency or for a specific project.
Earn attractive interest rates!
Our savings products
- Duration: 3 months, 6 months, 9 months, 12 months
- Interest : 6% – 100% depending on the duration
Ajo Savings Account
- Duration: Min of 30 days Max 360 days
- Interest :The interest rate depends on the amount and maturity period. It is negotiable
Fixed Deposit Account
- Mininmum Amount: 5,000
- Duration: Minimum of 6 months and maximum of 36 months
- Interest: 10%
Savings Plan
- Save money on your mobile app
- Coming soon...
Jollof Plus
How does it works
01 Step
Application form
Fill out the application form on our website.
02 Step
The call center calls you back
The customer service will call you back and redirected you to the nearest branch.
03 Step
Appointment in a branch
Go to the nearest branch with you identify card
04 Step
Open an account
Open a saving account and start saving money for a specific project or event!
FAQ
A valid ID-card, and a minimum balance of N1,000.
National ID card, International Passport, Driver’s license, Permanent voter’s card etc. that has not yet expired.
Deposits can be made through various platforms available:
– Correspondent bank from our partner banks
– Internet banking transfer from all commercial banks in Nigeria.
– Electronic transfer
The interest rate depends on the amount and maturity period. It is negotiable
The minimum amount is N50, 000.
The minimum tenor is 30 days
Yes, however accrued interest may be charged depending on the type of interest payment chosen.
Interest rate can be paid into your account monthly or upon maturity
