Apa-Royal Microfinance Bank Ltd

Savings

We recognize the need to save now in order to make future investments. This is why we offer various savings products that provides the opportunity to save and earn attractive interest on daily cash balances. 

A hybrid account that offers the benefits of both savings and current accounts 

Attracts competitive interest 

Expert business advisory service 

Savings for a predetermined tenor 

Passport-sized photographs 

Utility bill within the last three months 

Means of ID 

Cash lodgement 

Electronic fund transfer 

you may apply through any of our channels including a visit to the bank branch. 

online via our website chat box, email on on customercare@pecantrust.com, call 09158822746 or 09158822745 and or visit our branch at 25B, Sir Kashim Ibrahim Way,Maiduguri 

Minimum amount for fixed deposit is N100,000.00. 

 Requirements are: 

Passport size Photograph 
Means of Identification 
Utility bill 
Business registration documents 
TIN 
BVN 

Designed for Pre-determined monthly contributions with a minimum of 30days 

Savings above 30days attracts competitive interest 

Periodic SME developmental forums 

Age (0-18years) 

Exclusive invites to special organised events and children forums 

Target Savings 
No minimum initial contribution required 
Pre-determined target and period 
Minimum tenor of 6months 
Available for children 
No withdrawal within that tenor 

Joint, Individual & Corporate Current Account 
Available for Staff salary payment platform 
Available for loan disbursement 
No minimum balance required 

Savings interest accruing daily on the account. 
No minimum balance required. 
Available for Staff salary payment platform Specific for Societies and Groups 
Availability of SME seminars for members 
Access to PecanTrust advisory and consultancy services 
Available for group Ajo contribution and loans 

Highly competitive interest rates 
Tenor ranging from 30 
Minimum deposit of N100,000 
May serve as collateral deposit for loan facilities 

This is recommended for target savings’ or to start settings funds aside for nonspecific purposes with savings interest accruing daily on the account. A minimum balance of N1,000 is required. 

A flexible account designed for both individual and corporate customers. No minimum balance is required. 

Applies to customers willing to save for medium to long term basis. Some of its features & Benefits are: 

Highly competitive interest rates 

Tenor ranging from 30 -365 days 

Minimum deposit of N100,000 

May serve as collateral deposit for loan facilities 

 Complete an account opening form