05
A saver's story
From saver to owner.
I saved ₦150,000 a month for two years from my salary as a nurse. When I reached my deposit, my adviser already knew my history and the mortgage took five weeks.Ngozi, example clientNurse, Surulere
Home Deposit Saver
The deposit is the hardest part. Let us carry some of it.
A savings account built for one goal: your first home. Earn an example 12% a year, see your progress against a real price and move straight into a mortgage application when you get there.
12%example interest a year
₦20kto open
0monthly charges
0.5%off your mortgage rate after 12 months
01
Deposit planner
How much to put aside each month.
Set the price, the deposit you are aiming for and how long you want to take.
₦
₦
Save each month
-
Deposit goal-
Interest earned (example 12%)-
02
The account
Simple rules, built to help you finish.
Interest
Example 12% a year
Paid monthly and added to your balance, so your interest earns interest.
Access
Two free withdrawals a year
Life happens. Take money out twice a year without losing your interest.
Reward
A better mortgage rate
Save for 12 months and we take 0.5% off the example rate on your mortgage.
Standing order
Save on payday
Set a standing order from your salary account and forget about it.
Family
Gifts welcome
Parents and relatives can pay straight into your account, at home or from abroad.
Review
Check-ins every six months
Your adviser reviews your progress and updates your target with you.
03
Rates
Example savings rates by balance.
| Balance | Example rate a year | Paid |
|---|---|---|
| Up to ₦2m | 10% | Monthly |
| ₦2m to ₦10m | 12% | Monthly |
| Over ₦10m | 13% | Monthly |
Example rates for this demo, not offers.
04
How to start
Open in one visit or online.
- 115 minutes
Open the account
Bring photo ID and a utility bill to Yaba, or start on WhatsApp.
- 2Same day
Set your goal
Use the planner with your adviser to set a target price and monthly amount.
- 3Monthly
Save and track
See your progress in your statement and in a short message each month.
- 4When ready
Apply for your mortgage
Your savings history becomes part of your application.
06
Questions
About saving with us.
Is my money safe?
Deposits are protected under the national deposit insurance scheme up to the published limit. Example details for this demo.
Do I have to take a mortgage with you?
No. But savers who stay with us get the rate reward and a faster application.
Can I save in foreign currency?
The account is in naira. Relatives abroad can send money in, and it is converted on arrival.