Children’s Savings Account

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Children's Savings Account

At Glory Microfinance Bank, we understand the importance of fostering financial literacy from a young age. Our Children’s Savings Account is specifically tailored to encourage the habit of saving among the younger generation. This account offers a secure and accessible way for parents or guardians to nurture financial responsibility in their children, providing a foundation for a financially sound future.

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Prerequisites

2 Passport Size Photographs of the Account Holder and the Beneficiary

Savings Account Application form with Mandate Card

Means/Form of Identification; NIN.

Mandatory Initial Deposit of N2,000.

Features/Benefits of Savings Account

Minimum opening Balance of N 2,000

Very attractive Interest rate for withdrawals not more than twice a month

Minimum balance of N500

Customers can withdraw as much as they want

Attracts account closing charges

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