Thinking about that beautiful home, vacations, and mouthwatering events but don’t know the wherewithal, all you need is opening a Jubilee Target Account.
A target account is an account that helps the average saver in building regular monthly savings making it tangible enough to facilitate financial goals, e.g. Christmas, Vacations, Marriage, and other festivals.
- A minimum opening amount of N5, 000.
- A minimum monthly contribution of N5, 000.
- Minimum Tenor of 12 months.
- No withdrawal until after 12 months.
- Creation of a pool of investible funds from the micro individual units.
- Promotes savings habits amongst the middle-level corporate individual units.
- Cheque lodgment is allowed on the account. (where reference and utility bill is provided).
- Rewarding investment opportunities made available to monthly income earners.
- Highly Competitive Interest Rate.
Requirements for Account Opening
- Duly completed account opening forms.
- Means of identification. Note: a valid means of identification as stated in the account opening package i.e. Copies of driver licenses, International passports, Voters cards
- Two passport photographs.
- BVN is required.
- Valid proof of residence i.e. utility bills issued in the last 3 months (PHCN, WATER, LAWMA, etc.).
- A reference is required.