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Merchants Microfinance Bank Limited Products
A brief information about our Savings Account products.Merchants Savings Account
(MSA)- Saving part of your income for future need.
- Opening deposit as low as ₦1,000.00
- Interest on quarterly basis!
- Simple to open and easy to operate.
Merchants Target Savings
(MTS)- A saving scheme that affords you the opportunity to save a fixed amount to meet specific needs.
- Opening deposit as low as ₦500.00.
- Interest rates 2% above savings rate.
Merchants Daily Shelter
(MDS)- A thrift scheme to save a fixed amount daily.
- Opening deposit could be as low as ₦500.00.
- Minimum daily deposit of ₦200.00.
- 5% interest rate per annum, payable quarterly.
Merchants Edu-Save
(MES)- Designed to assist families save for their children's education during positive cash flow.
- Opening deposit as low as ₦500.00.
- Can be used as collateral for school fees loan.
Merchants Save Plus
- A hybrid savings account with a dual purpose.
- Opening deposit as low as ₦500.00.
- Save 50% of amount needed for loan and qulify for loan up to ₦50,000.00.
Merchants Apprenticeship
Scheme- Designed to enable apprentice save towards the end of their apprenticeship.
- Opening deposit as low as ₦500.00.
- Save 50% of needed amount, we provide 50%.
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Merchants Microfinance Bank Limited. 163 Jubilee Road, Aba, Abia State Nigeria.