BAOBAB SAVINGS

BAOBAB SAVINGS

  • Interest up to 100% depending on the duration
  • No interest payable, no deposit or management fees
  • Transactions near you
  • Accessible from the age of 18 years old

Save money for an emergency or for a specific project. Earn Attractive interest rates!

Our savings products

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Ajo Savings Account

  • Duration: 3months, 6months, 9months, 12months
  • Interest : 6% - 100% depending on the duration
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Fixed Deposit Account

  • Duration: Min of 30days Max 360days
  • Interest :The interest rate depends on the amount and maturity period. It is negotiable
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Savings Plan

  • Mininmum Amount: 5,000
  • Duration: Minimum of 6 months and Maximum of 36 months
  • Interest: 10%

How does it works

Application form
The call center calls you back
Appointment in a branch
Open a saving account

Fill out the application form on our website

The customer service will call you back and redirected you to the nearest branch. Do not hesitate to ask them all your questions

Go to the nearest branch with you identity card
Open a saving account and start saving money for a specific project or event!

Les étapes d'ouverture de compte


Fill out the application form on our website


The customer service will call you back and redirected you to the nearest branch. Do not hesitate to ask them all your questions


Go to the nearest branch with you identity card


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